US Federal Reserve Governor Michelle Bowman  also downplayed the inflation threat from Trump era tariffs, arguing they won’t produce lasting price pressures. Beyond monetary policy, she announced an October conference on community banking reforms, seeking to ease capital rules for smaller lenders and make the community bank leverage ratio more appealing.

Fed’s Bowman backs three rate cuts in 2025, warns of labour market fragility

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Fed’s Bowman backs three rate cuts in 2025, warns of labour market fragility