Fed’s Bowman says jobs crisis could force three rate cuts this year

Federal Reserve Vice Chair for Supervision Michelle Bowman said on Saturday that the latest soft jobs report adds to her worries about the health of the labor market and supports her long-held view that three interest-rate cuts will likely be needed this year. Bowman was one of two governors who disagreed with the Fed’s decision […] source: https://www.cryptopolitan.com/feds-bowman-says-jobs-crisis-could-force-three-rate-cuts-this-year/