Federal Reserve Governor Mickey Bauman said she may support a rate cut in July. If inflationary pressures continue to be under control, I will support lowering policy rates as soon as possible at the next meeting to bring them closer to a neutral setting and maintain a healthy labor market. Bauman has been very concerned about inflation risks over the past year. She stated that she believes tariffs may lead to a "small and one-time increase" in prices, as she expects an increase in idle economic capacity this year. She believes that the labor market is stable and close to full employment level. But she also pointed out that there are vulnerabilities in the labor market (declining labor market vitality, slowing economic growth, and low concentration of employment growth), so the Federal Reserve "should pay more attention to the downside risks of employment targets in the future". This is the first time since Trump nominated Bauman as Vice Chairman of Regulatory Affairs this spring and received approval from the Senate, Bauman has made substantive comments on the economic outlook.