Powell dey hint say dem fit cut rate for September as job market risk dey rise

Federal Reserve Chair Jerome Powell tok say na e get more wahala wey fit happen for US labour market. E talk say di market get one kind strange balance wey we see say supply and demand dey slow down. E also yarn say recent tariffs don make price comot once, wey dey push inflation small for short term but e no go make inflation continue strong. Powell talk say Fed policy still tight but risk don change, so dem fit reduce interest rate for September FOMC meeting. E come talk say dem don change some things for Fed monetary policy framework: dem remove “average 2% inflation target” talk and talk about “deviations from maximum employment,” but dem still dey balance their double mission and dem serious about keeping long-term inflation expectations steady. Traders suppose dey watch Fed talk well well to sabi when and how much dem fit reduce rates.