#ETH Powell believes that the risk of a slowdown in employment is increasing, which may indicate further interest rate cuts.
On October 15, Jin Shi Data reported that Newsmax stated that Federal Reserve Chairman Powell said on Tuesday that the sharp slowdown in employment poses an increasing risk to the U.S. economy, indicating that the Fed may cut interest rates two more times this year. In a written speech, Powell noted that although the federal government shutdown has disrupted official economic data, "the employment and inflation outlook has not changed much since our September meeting,"