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Boston Fed: Still Expects One Rate Cut This Year

By: theblockbeats.news|2025/08/01 15:22:21

BlockBeats News, August 1st, Boston Fed said that while employment data is important, revisions are even more critical. The job market is moderating from a strong level. Inflation risk is much greater than employment risk. It is still expected to cut interest rates once this year. (Xinhua)

Gryphon shareholders will vote on the proposed merger with Bitcoin mining firm American Bitcoin on August 27.

Non-Farm Payroll Data Validates Powell and Bowman's Justification for Rate Cut: Labor Market Shows Signs of Weakness