Federal Reserve leaders Powell and Bowman highlight concerns over the delicate state of the employment sector amid potential further reductions in interest rates.
In a strategic pivot indicated by Federal Reserve Chair Jerome Powell, future economic policies may lean towards bolstering employment, potentially at the expense of higher inflation, marking a notable shift from previous focus solely on inflation control. This nuanced approach, as discussed in his recent speech, highlights the complex trade-offs facing policymakers amidst mixed signals from the labor market and persistent inflationary pressures.
Magnus Oliver
