Fed Governor Bowman: No Rate Cuts Until 2025, Crypto Market Faces Further Decline
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The post Fed Governor Bowman: No Rate Cuts Until 2025, Crypto Market Faces Further Decline appeared first on Coinpedia Fintech News Federal Reserve Governor Michelle Bowman that interest rate cuts are unlikely before 2025, and maintained a careful position amid the current economic uncertainty. Although there has been modest progress in controlling inflation in the U.S., it continues to be elevated, compelling the Fed to stick to its current policy. In addition, Bowman’s statements come prior …
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