PANews reported on December 6 that according to Cailian News, Federal Reserve Board member Bowman said that inflation is the top priority in decision-making. He tends to lower interest rates cautiously and gradually. Lowering the policy interest rate too quickly may reignite inflation. The inflation rate is still higher than the Fed's 2% target, and the upward risk of inflation remains prominent.
Fed Governor Bowman: Prefers to lower interest rates cautiously and gradually
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