#REVABinanceTGE This is a market news update summarizing Musalem’s stance on interest rates.

Here’s the key takeaway in simpler terms:

No rush to cut rates: Musalem thinks a rate cut next month is premature.

50 bps cut unlikely: Current conditions don’t support such a big move.

Inflation concerns: Data hints at persistent inflation risk.

Labor market risks: Slowing growth + tariffs could squeeze corporate profits and hurt jobs.

Balanced approach: Policymakers must weigh inflation control against protecting employment.