Listen up! That lady named Bowman at the Federal Reserve is done pretending! What 'gradual adjustments' and 'data dependence,' it's all nonsense! She directly declared: This year, we must pour 'lifesaving water' into the economy three times, and September is the first time, anyone who tries to stop it will be in trouble! This is not a gentle suggestion; it's an ultimatum pointed at the noses of those old men at the Federal Reserve who are still hesitating!
Why the rush? Because they are panicking! Look at that employment data, over 70,000 new jobs squeezed out in July? Not even enough to fill the gaps! What's worse, the data from the previous two months was slashed by 260,000! This is not 'cooling down'; this is jumping straight into an ice pit! The unemployment rate slightly ticked up to 4.2%? Bowman is well aware: If they keep their posture and don't cut rates, the job market will head straight to the ICU, and when it's time to save it? The cost will be steep!
Inflation? Stop using inflation as a shield to scare people! Sister Powell directly fired back: Those shouting that tariffs are raising prices, just take a break! It's all just noise, sounds loud but doesn't hurt a muscle or bone! In her eyes, those little sparks of inflation are almost extinguished on their own, but on the employment market side, the flames are about to reach the roof! Is the Federal Reserve still spraying a fire extinguisher at a wall corner with no fire? Have they lost their minds? It's time to turn around and put out the fire!
Did you think Bowman is the only vanguard? Wrong! That guy named Waller has been on the same page with her for a while. Even more astonishing, this week, the likes of Daly from San Francisco, Kashkari from Minneapolis, and that governor Cook, were all scared out of their wits by the bloody employment data, their words dripping with anxiety! See? The wall inside the Federal Reserve that stubbornly holds onto high interest rates is being chipped away by Bowman, and the calls for interest rate cuts are no longer just background noise; they are quickly becoming the main theme!
But this lady's cannons aren't just aimed at interest rates! She quickly turned her fire on the Federal Reserve's own shabby rules of 'tailoring policies to individuals'!
Think about July, the old men at the Federal Reserve gathered around Wall Street's big banks for a little meeting, discussing how to 'lighten the load' for the giants, talking about loosening capital requirements and reforming stress tests, serving them with utmost care. But turn around and look at the true economic 'capillaries'—those community banks rooted in small towns, serving the neighborhood? Bah! No one cares, treated like they're using aircraft carrier rules to run a small boat! It's pure nonsense!
Bowman truly knows her stuff! She used to work at a community bank and knows how frustrated these little brothers are! The so-called 'community bank leverage ratio' designed specifically for them was supposed to simplify the rules, but what happened? It became a decoration, with very few using it! Why? The rules are so poorly designed that they are practically unusable! She directly stated: On October 9, I will personally organize a meeting to do one thing—loosen the restrictions on community banks! The rules must be reshaped to completely free them from those suffocating and utterly unsuitable demands!
How ironic! The crocodiles of Wall Street are bathing comfortably in the warm water of regulation. Meanwhile, the community banks that truly support the economies of countless small towns, provide lifelines to small business owners, and help regular folks with home and auto loans are struggling to survive under the heavy burden of red tape! Bowman shouted: 'Is there anyone looking out for the lives of these honest people?!'
Bowman's two fires are aimed at the interest rate deadlock and the unfair regulation, directly tearing apart the 'unity and stability' facade of the Federal Reserve! This is not a policy discussion; this is a full-scale war launched by a 'defector' who knows the inside story! On one side is the urgent risk of economic recession, and on the other side is a deeply flawed financial system with double standards. The Federal Reserve is pushed to the corner; they either swiftly take decisive action or wait to be slapped awake by reality!
Now the biggest mystery is: Can Sister Powell push successfully to open the taps in September, or will she be taken down by those old foxes with vested interests? Will the little bit of reform space she fights for community banks be enough to fill in the regulatory 'moat' that Wall Street giants have dug for decades? You tell me, is this grand drama a thrilling reform or just another loud thunder with little rain?
