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Bowman Forecasts Three Fed Rate Cuts Before End of 2026

Federal Reserve Vice Chair Michelle Bowman expects three rate cuts this year to support the job market. Her stance is more dovish than other Fed officials.

Xurve View

Federal Reserve Vice Chair for Supervision Michelle Bowman has signaled a notably more dovish outlook on monetary policy compared to her colleagues at the central bank. During an interview on Friday, Bowman highlighted her concerns regarding the labor market and her preference for a more accommodative interest rate path to support employment.

Federal Reserve Vice Chair Michelle Bowman testifying before the Senate Banking Committee in Washington, D.C., in February 2026. REUTERS/Kylie Cooper/File Photo
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