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Michelle W. Bowman
2018–Born
May 25, 1971
Meetings at the table
65
65/65 (0 absent)
Geography
represented St. Louis (8), childhood · state of record Kansas · where the Board comes from
In their time
Seats held
- GovernorBoard of Governors2018–
Nov 26, 2018 – present · confirmed Nov 15, 2018 · represents the St. Louis district (childhood)
- Vice Chair for SupervisionBoard of Governors2025–
Jun 9, 2025 – present
Before the Fed
Bank Examiner · State of Kansas
Education
- Bachelor's, Advertising/Journalism — University of Kansas
- JD, Law — Washburn University (1996)
Terminal: JD · law
Dissents on the record (2)
Governor Bowman preferred at this meeting to lower the target range for the federal funds rate by 25 basis points to 4 to 4-1/4 percent in light of inflation moving considerably closer to the Committee's objective, after excluding temporary effects of tariffs, a labor market near full employment but with signs of less dynamism, and slowing economic growth this year. She also expressed her view that taking action to begin moving the policy rate at a gradual pace toward its neutral level would have proactively hedged against a further weakening in the economy and the risk of damage to the labor market.
Governor Bowman preferred at this meeting to lower the target range for the federal funds rate by 25 basis points to 5 to 5-1/4 percent in light of core inflation remaining well above the Committee's objective, a labor market that is near full employment, and solid underlying growth. She also expressed her concern that the Committee's larger policy action could be seen as a premature declaration of victory on the price-stability part of the dual mandate.
