Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
"Fed Mouthpiece": Slowing Job Market to Test the Fed’s Unyielding Rate Policy

"Fed Mouthpiece": Slowing Job Market to Test the Fed’s Unyielding Rate Policy

View original
ChaincatcherChaincatcher2025/08/01 13:32

According to ChainCatcher, citing Jintou News, “Fed mouthpiece” Nick Timiraos stated that the employment slowdown over the past three months may have opened the door for Federal Reserve officials to consider a rate cut at their next meeting in September. At the very least, this highlights the difficult balance they face as the economy slows and inflationary pressures rise. Because the labor market had previously shown robust job growth, Fed officials have felt comfortable keeping rates unchanged this year.

However, the significant downward revisions to employment data for May and June have changed this situation. Fed officials previously indicated that they had reduced their focus on overall job growth, as it has been declining in tandem with a slowdown in labor force expansion. When labor supply decreases, even if job growth slows, the unemployment rate may still remain stable or even fall. But Fed Chair Powell pointed out this week that a stable unemployment rate may mask underlying weakness—when both the number of job seekers and job openings decline, this balance is inherently fragile. He mentioned “downside risks” to the labor market six times during his press conference, suggesting that actual weakness could provide grounds for policy easing.

0

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: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!