Fed’s Bowman Pushes for 3 Rate Cuts in 2025—Defies July Hold in Bold Move
Fed Governor Michelle Bowman just threw down the gauntlet—calling for three interest rate cuts next year after publicly opposing July's pause. Markets brace for impact.
Why it matters: When a dissenting voice at the Fed starts setting the agenda, you know the pressure's on. Powell's 'wait-and-see' approach might not survive 2025.
The twist: Bowman's aggressive stance comes as inflation data plays peek-a-boo with targets. Somewhere, a Wall Street analyst just spilled their $27 artisanal cold brew.