Michelle Bowmangovernor of the Federal Reserve (Fed), has asked this Tuesday Caution in initiating interest rate cuts in the countrywhile the market assumes that they will begin in September, and focuses on the upcoming inflation and employment reports. «I will continue to be cautious in my approach when considering adjustments to the current policy stance.«he said during an event organized by the Alaska Bankers Association. In this way, Bowman believes that the members of the American central bank should «be patient and avoid undermining continued progress in reducing inflation by overreacting to a single piece of data.» «Instead, We must see the data in its entirety as risks to the Committee's mandates on employment and price stability continue to move towards a better equilibrium,» he added. However, he anticipates that «Inflation will continue to decline under the current monetary policy stance«, which may lead to monetary easing. «If incoming data continue to show inflation moving sustainably toward our 2% target, It will be appropriate to gradually reduce the federal funds rate to prevent monetary policy from becoming too restrictive. of economic activity and employment,» she detailed. The Fed governor has focused on the data that the central bank will know before the September conclave, with special relevance to inflation and employment reports. «For the September meeting, we will have seen additional economic data and information, including an employment report and an inflation report.«We will also monitor how developments in broader financial conditions could influence the economic outlook,» he concluded.