Fed's Mussalam: It's still too early to decide on September's interest rate decision
TechFlame
2025-08-14 15:12
TechFlame2025-08-14 15:12
English
According to TechFlame, according to Kim 10 data, the Federal Reserve's Mussalem said that it is still too early to decide whether to cut interest rates at next month's meeting. When asked if there is a reason to cut interest rates by 50 basis points next month, Mussalem said that from his perspective, this would “not be supported by current economic conditions and economic prospects.”
Mussalem said, on the one hand, “the data is beginning to give us some indication of whether there is a possibility of continued inflation.” At the same time, he mentioned “downside risks in the labor market.”
Mussalem said that the slowdown in the US economy, combined with tariffs putting pressure on corporate profit margins, may threaten the labor market, which has performed well so far. He said, “I'm weighing these two factors. When we see tension between the two goals, we need to adopt a balanced strategy.”