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Federal Reserve Governor Powell: July Employment Data Cause for Concern, Significant Data Revision Possible as Economy Approaches Turning Point

By: theblockbeats.news|2025/08/07 00:11:58

BlockBeats News, August 7th, Federal Reserve Governor Powell stated that caution must be exercised when interpreting data. The July employment data was concerning, and significant data revisions may occur as the economy reaches a turning point. (Xinhua Finance)

Federal Reserve's Powell: Labor Market Slowing, Tariffs Only Have Short-Term Impact, Fed Will Soon Cut Interest Rates

Parataxis Holdings to Merge with SilverBox Corp IV, Aiming to Raise $640 Million to Establish Bitcoin Treasury Company