The Digester

Fed's Bowman Says February Jobs Weakness Could Push Her Toward More Rate Cuts

Mar 6th 2026

Vice Chair for Supervision Michelle Bowman said a softer February jobs report has changed her view from a January pause toward backing more interest-rate cuts if the labor market weakens further.

  • Michelle Bowman is the Federal Reserve Vice Chair for Supervision.
  • In a March 6, 2026 Fox Business interview she said the weaker-than-expected February employment report has tilted her back toward supporting additional interest-rate cuts.
  • She had been comfortable holding rates at the Fed's January meeting.
  • Bowman suggested January's strong job gains may have been an anomaly compared with February's data.
  • Her comments signal a possible shift toward easier policy if labor market weakness continues.