2 Federal Reserve officials warn against cutting rates due to sticky inflation, expressing concern over potential upside inflation risks.

2 Federal Reserve officials warn against cutting rates due to sticky inflation, with one stating that failure to see further decline in price pressures may lead to rate increases. Despite falling inflation, Fed Governor Michelle Bowman believes upside inflation risks persist, which could affect future policy decisions. The central bank remains cautious as it continues to monitor the situation.

April 05, 2024
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