PANews August 10 news, according to Jin Ten reports, Federal Reserve Governor Bowman stated that recent employment growth data has been significantly revised downwards, highlighting the reasons for the Federal Reserve to cut interest rates. The apparent weakness in the labor market outweighs the risks of rising inflation in the future, and she expects to support interest rate cuts in all three remaining meetings of the Federal Reserve this year. As economic growth slows this year and signs of weakened vitality in the employment market become clearer, it is appropriate to gradually shift from a moderately restrictive policy stance to a neutral one.