Federal Reserve Governor Michelle Bowman has urged the central bank to consider lowering interest rates in light of recent weakening labor market data. According to PANews, Ms. Bowman cited the downward revision of employment growth figures as a key factor influencing her stance. She emphasized that the current weakness in the job market outweighs potential inflationary risks. Ms. Bowman expects to vote in favor of rate cuts at all remaining Federal Reserve meetings this year. As indicators of slowing economic growth and a shrinking labor market become more pronounced, she believes it is time for a shift from the currently restrictive policy stance toward a neutral approach.