Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
CMB Macro: As long as the inflation gap exceeds the employment gap, it will be difficult for the Federal Reserve to cut interest rates

CMB Macro: As long as the inflation gap exceeds the employment gap, it will be difficult for the Federal Reserve to cut interest rates

Chaincatcher2025/07/31 00:02

According to ChainCatcher, citing a macroeconomic research report from CMB International via Jintou Data, Powell remains concerned about the risk of stagflation, which means that as long as the inflation gap exceeds the employment gap, it will be difficult for the Federal Reserve to cut interest rates.

In June, the Federal Reserve provided a forward-looking assessment of stagflation risks, and this tone continued in July. Powell’s concern about “inflation” is clearly greater than his concern about “stagnation.” The most important statement is that “current inflation is above the target level, while employment is at the target level, so policy should remain appropriately restrictive.” What Powell needs to confirm is that the inflationary impact of tariffs has been fully reflected.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
A certain whale address has accumulated an additional 5.51 million INSP tokens.
2
The cost of euro credit default insurance declines, boosting investment appetite for risk assets

Crypto prices

More
Bitcoin
Bitcoin
BTC
$117,250.68
+0.44%
Ethereum
Ethereum
ETH
$4,594.33
+1.99%
XRP
XRP
XRP
$3.11
+2.98%
Tether USDt
Tether USDt
USDT
$1
-0.01%
BNB
BNB
BNB
$999.24
+4.56%
Solana
Solana
SOL
$246.42
+4.62%
USDC
USDC
USDC
$0.9998
-0.01%
Dogecoin
Dogecoin
DOGE
$0.2807
+4.78%
Cardano
Cardano
ADA
$0.9171
+4.93%
TRON
TRON
TRX
$0.3451
+0.92%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter