Fed Official Signals Potential Rate Cuts Amid Weak Labor Market

2025-12-23 03:32

Federal Reserve official Stephen Milan has indicated that a weak labor market may necessitate further interest rate cuts in 2026 to stave off a potential recession. Milan highlighted the importance of shifting the central bank's focus from inflation control to employment stabilization. This development is being closely monitored by market participants, particularly those viewing Bitcoin as a hedge against inflation. Additionally, the Federal Reserve is reviewing its strategies concerning the Countering the Financing of Terrorism as part of its broader economic policy framework.

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