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flag Fed Governor Michelle Bowman urges caution on rate cuts due to high inflation and strong economy.

flag Federal Reserve Governor Michelle Bowman has called for caution in reducing interest rates, citing concerns over inflation risks and the complexity of interpreting recent labor market data. flag Bowman highlighted that the economy remains robust, with core inflation above the Fed's target and unemployment low. flag She also discussed the need to reassess banking regulations to combat check fraud, especially affecting smaller banks.

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