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Fed’s Michelle Bowman Calls for September Rate Cut, Favors Three Cuts This Year
By:coingape.com
Fed Governor Michelle Bowman is pushing for a September rate cut, with the U.S. labor market softening. A Fed rate cut is significant, considering the positive impact it could have on the crypto market. Recent data shows that there is a high probability that the FOMC will lower rates at the September meeting.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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