Michelle Bowman: “The economy remains strong, with solid growth in economic activity and a labor market near full employment.”

We need to look at a less dynamic labor market

The proposal will help to build resilience in U.S. Treasury markets, reducing the likelihood of market dysfunction and the need for the Federal Reserve to intervene in a future stress event.

Should inflation pressures remain contained, I would support lowering the policy rate as soon as our next meeting.

Should inflation pressures remain contained, I would support lowering the policy rate as soon as our next meeting in order to bring it closer to its neutral setting and to sustain a healthy labor market.