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The Fed should be cautious about cutting interest rates. There is a risk, Governor Bowman said

Summary by hnonline.sk
In relation to the pace of interest rate reduction, the US central bank should be careful not to cut them too quickly. That's what Fed Governor Michelle Bowman said on Wednesday. This was reported by AFP. The central bank kicked off monetary policy easing in September this year when its monetary committee skewed the key rate by 50 basis points to a range of 4.75 to five percent almost from a 23-year high of 5.25 to 5.50 percent. At the original …
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