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Federal Reserve officials are increasingly concerned about the economic slowdown, and the downward revision of non-farm data has a significant impact

2025-08-21 02:28:39
Collection

ChainCatcher news, according to Jinshi reports, the Federal Reserve's July meeting minutes show that some officials are increasingly concerned about the economic slowdown, expecting economic activity growth to remain sluggish in the second half of the year. The minutes mentioned that the slowdown in real income growth may suppress the growth of consumer spending. In addition, the July employment report revised down the estimated number of new jobs for May and June by 258,000, further intensifying some officials' concerns about the economic slowdown.

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