Fed Governor Bowman: It's Not the Right Time to Cut Rates

Fed Governor Bowman said, it is not appropriate to cut interest rates now; if inflation goes to 2%, may consider cutting interest rates; if inflation does not slow down, I am still willing to raise interest rates again; in weighing the future of the Fed's interest rate changes remain "cautious"; monetary policy is currently restrictive; inflation upward risk still exists; is expected to be only a moderate decline in inflation this year. Inflation is expected to decline only moderately this year.