Fed's Bowman (voter) says Fed should be ready to cut rates again amid job market risks

POLICY STANCE:

• Fed should not signal a pause in rate cut campaign
• Risks to Fed's mandate is asymmetric, and Fed should be ready cut again if labour market needs
• Monpol is 'modestly restrictive' at the moment
• Policy should forward looking

INFLATION:

• Inflation pressures are easing as tariff impact abates
• Underlying inflation is close to the Fed's 2% target
• Fed has made considerable progress lowering inflation

ECONOMY:

• Is concerned about labour market fragility
• Policy should be focussed on supporting the jobs market
• Sees solid growth and lower inflation, should stabilise the labour market
• Economy has been resilient