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Fed Official Bowman Supports Rate Cuts Amid Softening US Job Market

1 min read
Source: Reuters
Fed Official Bowman Supports Rate Cuts Amid Softening US Job Market
Photo: Reuters
TL;DR

Federal Reserve Vice Chair Michelle Bowman supports three interest rate cuts in 2025, citing recent weak job data and diminished inflation risks, and emphasizes proactive easing to prevent labor market deterioration, amidst ongoing debates within the Fed and political pressures.

Topics:top-newseconomy#economy#federal-reserve#inflation#interest-rate-cuts#job-data#labor-market
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  1. US Fed's Bowman: Latest jobs data stiffens support for three rate cuts in 2025  Reuters
  2. A top Federal Reserve official says dour jobs data backs the case for 3 rate cuts  AP News
  3. Fed's Bowman: Latest jobs data strengthens support for three rate cuts in 2025  CNBC
  4. Fed’s Bowman Calls for Community Bank Reform, Favors Rate Cuts  Bloomberg.com
  5. Fed officials tilt dovish as US job market softens  Reuters

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