Forex
globalreutersJune 27, 20241 Mins read
Fed’s Bowman: We’re not at a point yet to consider a rate cut
globalreutersJune 27, 20241 Mins read - If inflation moves towards 2%, eventually a rate cut is on the table
- Monetary policy is currently restrictive
- Inflation should ease with current policy setting
- Upside risks to inflation persist
- Economy strong but activity has moderated
- Still willing to raise rates again if inflation doesn’t rise
Bowman is a hawk so her comments aren’t a surprise.
This article was written by Adam Button at www.forexlive.com.
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