Bostic: Labour Market Dey Slow, Fed Rate Cut Dem Dey Expect By 2025
Charlotte Fed President Raphael Bostic talk say even though July work data dey show say e dey slow down, work market still strong. E talk say Fed dey use data take decide, dem hold interest rates steady and still dey expect Fed go cut rates—one fit happen dis year and more fit follow by 2025. Inflation palava we still dey and new economic signals go menentukan when dem go change monetary policy. Bostic mention say tariffs still get long time effect on how consumers dey feel. Crypto markets suppose ready for more wahala as traders dey look Fed rate cut chance and how people dey take risk.
Neutral
Bostic balance view—wey dey acknowledge both labor market strength and the slow down wey dey come—still dey support cautious, data-based approach to Fed rate cuts. Dis kain uncertainty fit cause short-term wahala for crypto markets as traders dem dey react to fresh employment and inflation signals. But, medium to long term expectation of easier monetary policy fit ginger risk-on feeling. Overall, the news get neutral impact, with chance for volatility ahead and small bullish bias if rate cuts happen.