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2025-08-01 22:32:33
Nick Timiraos, the Fed's "mouthpiece," noted that Fed Chairman Powell mentioned "downside risks" to the labor market six times during his press conference. This statement suggests that while he still believes overall labor market conditions are robust, any actual weakness could justify policy easing. This statement reflects the Fed's balancing act in monetary policy: recognizing the current labor market fundamentals while remaining highly attentive to potential risks. This emphasis on "downside risks" also foreshadows possible future policy adjustments.
