【Federal Reserve Governor Bowman: Supports three rate cuts this year, ignoring temporarily high inflation is appropriate】Golden Finance reports that regarding inflation, Federal Reserve Governor Bowman stated that core personal consumption expenditures inflation seems to be moving closer to the 2% target than the data suggests. He believes that ignoring temporarily high inflation is the appropriate approach. The upward risk of inflation has decreased, and he is more confident that tariffs will not lead to sustained inflation. Bowman believes that the sharp slowdown in job growth may be due to a significant weakening in labor demand. Bowman stated that relaxing regulations, lowering taxes, and creating a business-friendly environment may offset the impact of tariff-related factors on economic activity and prices. Additionally, he supports three rate cuts this year. (Zhitong Finance)