CoinVoice latest reported that, according to Jin10 data, Federal Reserve Board member Bowman stated that recent employment growth data has been significantly revised downward, highlighting the reasons for the Federal Reserve to cut interest rates. The apparent weakness in the labor market outweighs the risk of rising inflation in the future, and she expects to support interest rate cuts at all three remaining meetings of the Federal Reserve this year. As economic growth slows this year and signs of weakening in the labor market become clearer, it is appropriate to gradually shift from a moderately restrictive policy stance to a neutral one.
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CoinVoice latest reported that, according to Jin10 data, Federal Reserve Board member Bowman stated that recent employment growth data has been significantly revised downward, highlighting the reasons for the Federal Reserve to cut interest rates. The apparent weakness in the labor market outweighs the risk of rising inflation in the future, and she expects to support interest rate cuts at all three remaining meetings of the Federal Reserve this year. As economic growth slows this year and signs of weakening in the labor market become clearer, it is appropriate to gradually shift from a moderately restrictive policy stance to a neutral one.