Fed Governor Bowman says weak jobs report backs her view for 3 rate cuts this year

fortune.com/2025/08/09/fed-rate-cuts-outlook-michelle-bowman-jobs-report-inflation-tariffs

A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates should be lower.
Michelle Bowman was one of two Fed officials who voted a week and a half ago in favor of…

This story appeared on fortune.com, 2025-08-09 21:16:25.
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