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The Federal Reserve Board of Governors Bowman: Gradual interest rate cuts are appropriate.
BlockBeats news, on August 1, The Federal Reserve Board of Governors Waller and Bowman issued statements with differing opinions. The Federal Reserve Board of Governors Waller stated that the Fed should adjust the interest rate closer to a neutral level. The Federal Reserve Board of Governors Bowman indicated that gradual rate cuts are appropriate as the growth rate slows. The upside risks to price stability have diminished. (Jin10)