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US Fed dissenter calls for 'measured' pace of rate cuts
US Fed dissenter calls for 'measured' pace of rate cuts
Economy
By AFP

The sole holdout in the US Federal Reserve's 11-to-1 vote cementing a larger interest rate cut said Friday that the move "could be interpreted as a premature declaration of victory." "I see the risk that the Committee's larger policy action could be interpreted as a premature declaration of victory on our price stability mandate," Bowman said.