[Federal Reserve Governor Bowman: Still Expects Three Rate Cuts This Year] Jin10 Data, March 20 – Federal Reserve Governor Bowman (a dovish official) stated in an interview with Fox Business News that it is still too early to assess the impact of the Iran war. She expects the economy to grow strongly this year, benefiting from the government's supply-side spending. Bowman noted that she has not heard of companies laying off employees but remains concerned about the labor market. She also reiterated her expectation of three rate cuts this year. Regarding banking regulation, Bowman hopes that the current banking regulatory reforms will fully consider the needs of banks and will continue to adjust regulatory rules based on the characteristics of individual banks. Bowman is closely monitoring developments in the private credit sector and is also paying attention to leverage in the artificial intelligence field, ensuring that regulatory agencies are aware of related risks. Bowman expressed her anticipation of working with Kevin Warsh and stated that if his appointment is approved, it will have a significant impact on the Federal Reserve. Regarding Federal Reserve Chair Powell, Bowman mentioned that Powell has clearly outlined his tenure arrangements at the Fed and will leave it to Powell to explain the details.