Washington, Oct 14, 2025 (AFP) - US Fed official backs two more interest rate cuts this year

NAMPA / AFP
2025-10-14
A senior US Federal Reserve official said Tuesday that she supports two more interest rate cuts this year, noting that the jobs market is weakening in the world's biggest economy. "I continue to see two more cuts before the end of this year," Fed Vice Chair for Supervision Michelle Bowman told an event in Washington. This implies lowering rates at the central bank's next two policy meetings, in October and December respectively. Bowman signalled......
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