The latest remarks from Federal Reserve officials have greatly boosted market sentiment! Regulatory Vice Chairman Bowman said on Saturday that the recent employment data has been a bit weak, making her more concerned about the health of the labor market. She supports the idea of cutting interest rates three times this year.

Last month, Bowman was one of the two board members who opposed maintaining high interest rates (4.25%-4.50%), a rate range that has remained unchanged since last December. Although many officials remain cautious about interest rate cuts due to concerns over tariffs affecting inflation targets, there has been a noticeable shift in attitude recently, with more openness to supporting rate cuts.

She also stated that the measures from last week's meeting could help stabilize the labor market and prevent further economic slowdown. Her remarks at the Kansas Bankers Association emphasized the risks to the labor market more directly than the official statement.