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Analysis: Powell has clearly stated that the Fed's primary goal has shifted to supporting the labor market, and interest rate decisions will be guided by employment data
By: theblockbeats.news|2025/08/23 01:22:20
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BlockBeats News, August 23rd, according to The Kobeissi Letter's analysis, the meaning of Fed Chair Powell's speech today is: "Today's speech indicates that their (the Fed's) primary focus has now shifted to supporting the labor market. A shift in the risk balance may require policy adjustments, and he specifically referred to the labor market."
Therefore, the employment report will determine future rate cuts."
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