US Fed's Bowman: Latest jobs data stiffens support for three rate cuts in 2025
- Posted on August 9, 2025
- By Google News
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US Fed's Bowman: Latest jobs data stiffens support for three rate cuts in 2025
The Federal Reserve's vice chair of supervision, Michelle Bowman, on Saturday said recent weak job data underscores her concerns about labor market fragility and strengthens her confidence in her own forecast that three interest-rate cuts will likely be appropriate this year.
