News list for " it will slow down"

Bowman, the governor of the Federal Reserve, reiterated that interest rate cuts are appropriate if inflation continues to slow.

Bowman, the governor of the Federal Reserve, reiterated that interest rate cuts are appropriate if inflation continues to slow.

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2024-08-20 18:00:46
Federal Reserve Governor Bowman reiterates that interest rate cuts would be appropriate if inflation continues to slow

Fed Governor Bowman reiterated that a rate cut would be appropriate if inflation continues to slow; that there has been some recent progress in reducing inflation, but it remains disturbingly above the Committee's 2 percent target; that unemployment, despite rising, remains historically low; and that there are still upside risks to inflation.

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2024-08-20 18:13:42
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