$BTC | ALERTA NEWS: Today, August 1st, two governors of the Federal Reserve, including the Vice Chair for Supervision, Michelle Bowman, advocated for an interest rate cut, citing rising concerns about the slowdown in the economy and the labor market.
According to Bowman:
"With the slowdown in economic growth this year and signs of a less dynamic labor market, I saw it as appropriate to begin gradually moving our policy stance toward a neutral environment."
The statement reveals that the Fed's focus may be shifting: from fighting inflation to preventing damage to employment and activity. She also emphasized that the measure would be a way to protect the economy from further weakening, in a clear signal that the risk is no longer just in prices, but in stagnation.
‼️Meanwhile, Trump resumed pressure on the Fed, calling President Jerome Powell "stubborn" and "foolish," suggesting that if he does not cut rates, the committee should "take control."
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