Federal Reserve Governor Bowman said she respects and appreciates her colleagues’ inclination towards a larger interest rate cut, and remains committed to working with them to ensure policy is appropriately positioned to achieve the dual mandate objectives. The economy remains strong, and the labor market is close to full employment. She believes the Fed is moving towards a more neutral policy stance at a measured pace and will ensure further progress in bringing inflation back down to the 2% target. While agreeing that readjusting the federal funds rate level at the September meeting was appropriate, she was more inclined to implement a smaller rate cut for the first time. She is concerned that a larger-scale policy action by the Fed could be prematurely interpreted as a declaration of victory over inflation. (Golden Ten)