#Crypto_Jobs🎯 $BTC Federal Reserve official Raphael Bostic has spotlighted employment data as a key economic signal, stressing that revisions to jobs figures are even more telling than the initial reports. In remarks covered by BlockBeats, Bostic acknowledged that the once-hot labor market is showing signs of cooling, which could ease pressure on inflation — but not enough to shift his overall stance.
Despite the softer jobs data, Bostic remains more concerned about inflation than employment. He reiterated that inflation risks currently outweigh risks to the job market, suggesting the Fed needs to stay cautious.
While markets speculate about potential rate cuts, Bostic stayed firm on his forecast: just one interest rate cut is expected later this year, signaling a measured approach as the Fed navigates a delicate economic balance.
🧠 Key Takeaway: The Fed’s path forward remains focused on inflation control, with employment data playing a crucial supporting role in shaping monetary policy.
