Federal Reserve Governor Bowman: The Fed Should Be Ready to Cut Rates Again

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