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US Fed's Bowman: Latest jobs data stiffens support for three rate cuts in 2025

Investing.comSaturday, August 9, 2025 at 4:21:03 PM
PositiveFinancial Marketseconomy
US Fed's Bowman: Latest jobs data stiffens support for three rate cuts in 2025
Federal Reserve Governor Michelle Bowman stated that the latest jobs data reinforces the case for three interest rate cuts in 2025, signaling a potential shift in monetary policy to support economic growth.
Editor’s Note: This matters because the Fed's stance on interest rates affects everything from mortgages to business loans—hinting at rate cuts suggests confidence in controlling inflation while avoiding a harsh economic slowdown. For everyday folks, it could mean cheaper borrowing costs down the line.
— Curated by the World Pulse Now AI Editorial System
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