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Federal Reserve governor Michelle Bowman says bank should consider cutting rate in July because tariff effects may be smaller than expected
fortune.com/2025/06/24/federal-reserve-governor-michelle-bowman-says-bank-should-consider-cutting-rate-in-july-because-tariff-effects-may-be-smaller-than-expected
Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as soon as its next meeting in July, underscoring deep divisions among Fed officials as they endure sharp criticism from the White House.
Bowman said that President…
This story appeared on fortune.com, 2025-06-24 09:16:42.