Federal Reserve Governor Bowman: Given that inflation remains elevated, I tend to favor pausing interest rate cuts. In the December Summary of Economic Projections (SEP), I expect there will be three rate cuts this year
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Federal Reserve Governor Bowman stated that he tends to pause interest rate cuts due to inflation remaining elevated. In the December economic outlook summary, he anticipated three rate cuts this year. At the same time, he reminded investors of market risks, advising caution in investments; this article does not constitute personal investment advice
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