Michelle Bowman, Vice Chair for Supervision of the Federal Reserve System (Fed), stated on the 23rd (local time) that she is leaving open the possibility of a 'July rate cut' based on future price stability.

Federal Reserve Board. Reuters=News1

During a speech at a conference in Prague, Czech Republic, Vice Chair Bowman noted, "If inflationary pressures remain suppressed, I could support a cut in the benchmark interest rate as early as the upcoming July Meeting of the Federal Open Market Committee (FOMC)."

Bowman is considered one of the prominent hawks (favoring currency tightening) within the Fed. His public support for a rate cut has drawn attention to the possibility of a policy shift within the Fed. Earlier, Christopher Waller, who is classified as a moderate hawk, also stated in a CNBC interview on the 20th that "we could start discussions on a rate cut at the July FOMC meeting."

Recently, while the inflation rate in the United States has shown signs of slowing, growing economic uncertainty stemming from the president's tariff policy has led markets to foresee potential rate cuts in September or November.

However, with even the prominent hawk Bowman mentioning the 'possibility of a rate cut in July,' there are analyses suggesting that a shift in the Fed's currency policy direction could come sooner.