Michelle Bowman is a Governor on the Board of the U.S. Federal Reserve and as such has a permanent vote on the Federal Open Market Committee (FOMC).Bowman was speaking at a bankers’ conference in Colorado Springs, on Saturday. The Wall Street Journal (gated) report:the apparent weakening in the labor market outweighs the risks of higher inflation to comeexpects to support three rate cuts over the Federal Reserve’s three remaining meetings this year“With economic growth slowing this year and signs of a less dynamic labor market becoming clear, I see it as appropriate to begin gradually moving our moderately restrictive policy stance toward a neutral setting”I posted the news over the weekend here ICYMI:Fed Board Governor Bowman calls for September rate cut, and another two by year end This article was written by Eamonn Sheridan at investinglive.com.