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Opinion: The Fed is considering a rate cut, but it needs to see a slowdown in employment data to "give the green light."
By: theblockbeats.news|2025/07/30 17:42:24
BlockBeats News, July 31st, the market almost unanimously believed that the Federal Reserve would keep the benchmark interest rate unchanged at 4.25% to 4.5% today, but there is a divergence in the market's view on the policy path thereafter.
Jefferies Chief Economist Mohit Kumar said: "In our view, the Fed intends to cut rates from the current level, but still needs to 'give the green light' based on signs of a slowdown in employment data. Once employment data shows weakness, they will initiate rate cuts." (FXStreet)
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