Federal Reserve's Musalem: If employment market risks intensify, policy rates may need adjustment

ChainCatcher news, according to Jinshi Data, Federal Reserve's Musalem stated that attention should be paid to the entire interest rate path, not just the rate decision of a single meeting. Inflation has been above the target level and there are ongoing risks. The next employment report may influence the decision on rate cuts, depending on the report's content. Risks in the labor market are rising but have not yet materialized, and the inflation effects of tariffs are expected to gradually fade. The interest rate path may include a pause in rate cuts.