BlackRock: Fed rate cut prospects depend on labor market weakness
Source: ChainCatcher
Time: 2025-09-18 12:44:54
According to ChainCatcher, according to Kingshin, Jean Boivin, head of BlackRock Investment Research Institute, said that the prospect of the Fed's interest rate cut is likely to depend on whether the labor market remains weak enough. He pointed out that Powell said the latest Fed rate cut was due to "risk management" over signs of intensifying weak job markets, which could mean that future policy actions will rely heavily on data performance. Boivin believes that further weakness in the labor market will provide a basis for the Federal Reserve to cut interest rates more.