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Fed Governor Bowman says weak jobs report backs her view for 3 rate cuts this year
Bowman said she is getting more confident that Trump's tariffs “will not present a persistent shock to inflation” and sees it moving closer to 2%.
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fortune.com
Fed Governor Bowman says weak jobs report backs her view for 3 rate cuts this year
Bowman said she is getting more confident that Trump's tariffs “will not present a persistent shock to inflation” and sees it moving closer to 2%.
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upi.com
Fed Gov. Bowman wants three interest rate cuts in 2025 - UPI.com
The Federal Reserve has not approved an interest rate cut since before the Nov. 5 election, but one of its governors said she wants three rate cuts this year.
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One FOMC dissenter might have just called out the Fed on criticism for its shifting base rate policy
Citing sharp downward revisions to U.S. job growth, Bowman reiterated her forecast for three cuts this year while warning that declining data reliability complicates policymaking.