🚨FED OFFICIALS #WORRIED AS 🇺🇸U.S. ECONOMY COOLS, RATE CUTS LIKELY
🔹Top Fed policymakers, including Neel Kashkari and Mary Daly, now favor two interest rate cuts in 2025 amid slowing job growth and economic activity.
🔺Recent weak labor data and tariff uncertainties have sparked dissent within the Fed. Inflation remains above 2%, but recession risks are rising.
🔺Fed Governor Lisa Cook called the latest jobs data “concerning,” signaling more dovish sentiment could shape upcoming policy.
-Reuters