Fed Officials Are Starting to Break Rank and Join Trump | News Channel 3-12

More top Fed officials are coming out in support of rate cuts next month. Here's what they're saying.

FILE PHOTO: U.S. President Donald Trump looks on as Jerome Powell, his nominee to become chairman of the U.S. Federal Reserve, speaks at the White House in WashingtonThomson ReutersThe Fed kept rates steady last week, inviting more criticism from Trump and the administration.But since then, a chorus of top officials says they think rate cuts are warranted."If the dirt is out of the air, then I think we should proceed," one official said this wee…

U.S. Federal Reserve should consider cutting rates as soon as July, governor says

Michelle Bowman’s comments highlighted the divisions among Fed officials amid criticism of the central bank by U.S. President Donald Trump

Fed officials are starting to break rank and join Trump | News Channel 3-12

By Bryan Mena, CNN Washington (CNN) — Some Federal Reserve officials are joining President Donald Trump in calling for lower interest rates as soon as July. Fed Vice Chair for Supervision Michelle Bowman on Monday downplayed the potential impacts of Trump’s tariffs on prices and said the US central bank should swiftly lower rates to preserve the labor market’s health. “It is time to consider adjusting the policy rate,” Bowman said. “Should infla…

Bowman Joins Race For Powell's Job, Supports July Rate Cut

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Bowman Joins Race For Powell's Job, Supports July Rate Cut - Conservative Angle

Bowman Joins Race For Powell's Job, Supports July Rate Cut Fed governor Chris Waller may have thought he was a shoo-in for Powell's replacement (and the role of shadow Fed chair) when he said last week that, contrary to the Powell narrative and FOMC consensus, the Fed should cut as soon as July. Waller Puts In Bid For Next Fed Chair, Says Powell Should Cut "As Early As July" https://t.co/uiN1Umb49j — zerohedge (@zerohedge) June 20, 2025 Well, …

Fed leadership divided over timeline for rate cuts

Michelle Bowman, a governor at the Federal Reserve, said on Monday she’s ready to vote for a rate cut at the next policy meeting in July… if inflation stays low. Speaking during a conference in Prague, she made it clear that the current data gives enough space for the Fed to lower its benchmark inte...