Federal Reserve's Mester: Policy Rate May Need to Be Adjusted If Labor Market Risks Worsen
BlockBeats News, August 23rd, Mohamed El-Erian of the Federal Reserve stated that the focus should be on the entire interest rate path, not just on the rate decision of a particular meeting. Inflation has been above the target level, with ongoing risks present. The next employment report may be sufficient to prove the need for a rate cut, or it may not, depending on the specific content of the report. The Fed's policy will be moderately tightened. More data is needed, and the rate outlook will continue to be adjusted until the September meeting. Risks in the labor market are increasing but have not yet materialized. It is expected that the inflationary effects of tariffs will gradually fade. The rate path may include a pause in rate cuts. If labor market risks escalate, the policy rate may need to be adjusted. (FX678)
You may also like

The Aave civil war escalates, Morpho quietly doubles: Is the lending throne about to change hands?

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The little deer live by the water and grass

The world belongs to Chinese people who speak English

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

$1.3 Billion Debt: BitDeer Faces Tough Battle

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund

Ethereum Unveils Scaling Roadmap, What's Different This Time?
