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Fed's Bowman says penciled in three rate cuts for year - Fox Business Network
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Fed's Bowman says penciled in three rate cuts for year - Fox Business Network
Mar 20, 2026 6:06 AM

NEW YORK, March 20 (Reuters) - Federal Reserve Vice Chair for Supervision Michelle Bowman said Friday she sees a series of interest rate cuts happening this year amid concerns about labor market softness.

"I'm still concerned about...the job market," Bowman said in an interview on the Fox Business Network. "I've written three cuts in for before the end of 2026 to hopefully support the labor market," she said. At this week's Fed policy meeting officials collectively penciled in a single easing for the year.

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