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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|2025/08/22 17:22:20

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."

Bloomberg Economist: Powell's remarks today were not dovish; he was merely "walking a tightrope" between political pressure and hawkishness

Ethereum Surges Above $4,700, a certain short-selling whale adds $5.22 million to collateral, now facing a $14 million unrealized loss