A top Federal Reserve official says dour jobs data backs the case for 3 rate cuts

nbcnews.com/business/business-news/federal-reserve-official-dour-jobs-data-backs-3-rate-cut-rcna224078

NEW YORK — 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…

This story appeared on nbcnews.com, 2025-08-09 22:03:44.921000.
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