Federal Reserve Governor Bowman: The Fed Should Be Prepared to Cut Rates Again at Any Time

Odaily News Federal Reserve Governor Bowman stated that the Federal Reserve should be prepared to cut interest rates again at any time. As the impact of tariffs diminishes, inflationary pressures are easing. The economy is expected to experience "robust" growth, inflation to decline, and the job market to stabilize. Congress has granted the Federal Reserve independence, enabling it to make difficult decisions. (Jin10)