Bowman Joins Race For Powell’s Job, Supports July Rate Cut Fed governor Chris Waller may have thought he was a shoo-in for Powell’s replacement (and the role of shadow Fed chair) when he said last week that, contrary to the Powell narrative and FOMC consensus, the Fed should cut as soon as July. Waller Puts In Bid For Next Fed Chair, Says Powell Should Cut “As Early As July” https://t.co/uiN1Umb49j — zerohedge (@zerohedge) June 20, 2025 Well, not so fast. Recall late last summer, it was Fed vice chair Michelle Bowman who staked out a bid for Powell’s replacement when… — Continue at ZeroHedge News : Read More
