<p>NEW YORK, March 20 (Reuters) - Federal Reserve Vice Chair for Supervision Michelle Bowman said Friday she sees a series of interest rate cuts happening this year amid concerns about labor market softness.</p>
<p>“I’m still concerned about…the job market,” Bowman said in an interview on the Fox Business Network. “I’ve written three cuts in for before the end of 2026 to hopefully support the labor market,” she said. At this week’s Fed policy meeting officials collectively penciled in a single easing for the year.</p>

FNCL

- Federal Reserve Vice Chair Michele Bowman expressed expectations for a series of interest rate cuts this year due to concerns over a weak labor market.  
- In an interview with Fox Business, she stated her worries about the employment market and indicated that she hopes for three rate cuts by the end of 2026 to support it.  
- During this week's Federal Reserve policy meeting, officials unanimously anticipated a rate cut this year.

Reuters

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Fed's Bowman says penciled in three rate cuts for year - Fox Business Network