A key U.S. Federal Reserve insider (and Trump ally), Williams, just gave markets a sneak peek into the Fed’s mindset—and yep, it’s all about the labor market vibes right now.
👀 Here’s what’s happening:
📉 Unemployment Rate crept up to 4.2% in July (vs 4.1% in June)
🛠️ Non-farm payrolls? Came in weaker than expected
🧊 Williams says the job market is experiencing a “moderate and gradual cooling”—not collapsing, just softening
💪 But overall, labor demand is still strong
💡 Why this matters:
This softening could be Powell’s golden ticket 🎫 to push for interest rate cuts, a move markets have been praying for 🙏.
📉 Lower rates =
Cheaper borrowing
More risk-on sentiment
🚀 Potential boost for stocks & crypto
But don’t get too hyped too fast—no official rate cut yet, just whispers and hints.
🧠 DYOR. Not financial advice.
Stay sharp and stay informed