ISTANBUL Michelle Bowman, a member of the US Federal Reserve Board of Governors, said Friday she views the central bank's jumbo interest rate cut as a "premature declaration of victory" on inflation. Bowman, who was the only member of the Federal Open Market Committee voting for a 25 basis points of rate cut instead of 50 basis points, said core inflation remains above 2.5%. "We have not yet achieved our inflation goal," she said in a statement. "I see the risk that the Committee's larger

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