NEW YORK — A top official at the Federal Reserve said Saturday that this month's stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates should be lower.

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A top official at the Federal Reserve is saying that this month's stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates should be lower

Michelle Bowman pointed to July's hiring slowdown, along with her belief that inflation is heading down toward 2% despite President Donald Trump's tariffs

She was one of two Fed officials who voted a week and a half ago in favor of lowering interest rates

They lost out as nine other Fed officials voted to keep rates steady

Michelle Bowman was one of two Fed officials who

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