Pantheon: Powell's big shift signals jobs risk; Fed seen cutting rates three times in 2025 ...Middle East

Powell acknowledged tariffs remain a key inflation concern, but argued that softening labor markets limit workers’ wage bargaining power, reducing the risk of tariff-driven inflation becoming entrenched.

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Earlier:

investingLive Americas FX news wrap 22 Aug: Markets cheer on Powell tilt (for now)Goldman Sachs - Powell warns of rising job market risks as GDP growth slowsFed’s Musalem: More data needed before deciding on September rate cut This article was written by Eamonn Sheridan at investinglive.com.

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