In light of a weaker-than-expected U.S. jobs report, Federal Reserve Governor Michelle Bowman supports three potential rate cuts in 2025 to stimulate the economy. This view contrasts with most Fed officials who prefer holding interest rates steady until more data on tariff impacts is available. The central bank faces a delicate balance in managing inflation and employment, with concerns about stagflation complicating policy decisions. Market analysts anticipate a possible rate cut at the Fed's September meeting following subdued labor market indicators.