The Federal Reserve Board of Governors member Bowman: Inflation is easing, supports three rate cuts this year.

[Coin World] Regarding inflation, Fed Governor Bowman stated that core personal consumption expenditures inflation seems to be heading towards a target closer to 2% than what the data shows. He believes it is appropriate to overlook the temporarily high inflation. The risks of inflation rising have decreased, and there is more confidence that tariffs will not lead to persistent inflation. Bowman believes that the sharp slowdown in job growth may be due to significantly weak labor demand. Bowman stated that deregulation, tax cuts, and a business-friendly environment could offset the impact of tariff-related factors on economic activity and prices. Additionally, he supports three interest rate drops this year.

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AirdropBlackHolevip
· 08-11 22:25
Interest rate cuts? Please save the crypto world.
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GasFeeCryvip
· 08-10 07:30
Finally waiting for the interest rate hike, mama.
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SandwichVictimvip
· 08-09 17:46
Interest rate cuts are in place; we are entering a bull run.
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