Here's your summary from Fed’s Bowman Says ‘Not Yet’ Appropriate to Cut Rates (https://www.youtube.com/watch?v=GU9gxutG614) on the Bloomberg Television channel:

### TLDR:

Fed's Bowman believes it is not yet appropriate to cut rates, but remains open to future adjustments based on inflation data.

### Key Points:

1. Bowman is closely monitoring incoming data to assess if US monetary policy is restrictive enough to bring inflation down to the 2% goal.

2. Despite challenges in assessing the economy post-pandemic, Bowman's baseline outlook is that inflation will return to the 2% goal with the federal funds rate held at its current level.

3. While Bowman is open to gradually lowering the federal funds rate if inflation moves sustainably towards the 2% goal, he believes it is not yet appropriate to do so.

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