Federal Reserve's Bowman: Prefers three rate cuts within the year.



Housing demand appears to be the weakest since the financial crisis, appropriately reassessing the situation of rising inflation. The latest employment market data reinforces my prediction of three rate cuts this year, with increased inflation risks and greater confidence that tariffs will not lead to long-term inflation.

It is believed that the core PCE inflation rate is closer to the 2% target than the data suggests. Delayed action may lead to further deterioration in the labor market, indicating that larger rate cuts may be necessary. Easing regulations, lowering taxes, and creating a business-friendly environment could offset the impact of tariffs on economic activity and prices. Due to a significant slowdown in labor demand, wage growth may sharply slow down.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
CaiJingpei,TheCavalryvip
· 08-10 03:02
Fed's Bowman: Prefers three rate cuts this year.
Housing demand appears to be the weakest since the financial crisis, a proper reassessment of the rising inflation situation, the latest labor market data reinforces my prediction of three rate cuts this year, inflation risks are increasing, and I am more confident that tariffs will not lead to long-term inflation.
View OriginalReply0
CurrencyCircleLaobaiVvip
· 08-09 19:56
Hold HODL💎
View OriginalReply0
CurrencyCircleLaobaiVvip
· 08-09 19:56
Quick, enter a position! 🚗
View OriginalReply0
CurrencyCircleLaobaiVvip
· 08-09 19:56
Just go for it💪
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)