Federal Reserve’s Bowman says rate cut should be on table in July

Bowman said Trump’s tariffs have so far not caused the jump in inflation that many economists feared.

The Federal Reserve — The Federal Reserve, which is under construction, is seen, Monday, April 7, 2025, in Washington. (AP Photo/Jacquelyn Martin)

By Associated Press

UPDATED: June 23, 2025 at 12:27 PM PDT

Bowman said Trump’s tariffs have so far not caused the jump in inflation that many economists feared.

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Originally Published: June 23, 2025 at 12:22 PM PDT

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