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The Economic Times

Business / The Economic Times

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Fed's Bowman still supports rate cuts despite backing pause at recent meeting

US Federal Reserve's Michelle Bowman still favors interest rate cuts, but voted to hold steady for more data. She anticipates three quarter-percentage-point reductions this year, emphasizing a measured pace. Despite a fragile job market, stabilization signs allow for a brief pause to assess policy impact before further easing.

1 Feb 2026 8:42 am