Federal Reserve Governor Bowman: Gradual Interest Rate Cuts Are Appropriate

BlockBeats News, August 1st, Federal Reserve Board Governors Waller and Bowman issued a statement expressing different views.

Federal Reserve Board Governor Waller stated that the Federal Reserve should adjust interest rates to a level closer to neutral.

Federal Reserve Board Governor Bowman stated that with the slowdown in growth, a gradual interest rate cut is appropriate. The upside risks to price stability have diminished. (Oriental Fortune Network)