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U.S. labor market

Law

Fed Official Michelle Bowman Pushes for Rate Cuts After Weak U.S. Jobs Report

August 10, 2025

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The Fed’s mission is to maintain a strong labor market while keeping inflation in check — a balancing act that often forces trade-offs.

A senior Federal Reserve official said this month’s stunningly weak U.S. labor market report strengthens her belief that interest rates…