Fed Officials Signal Potential Rate Cuts Amid Mixed Economic Indicators

While inflation shows signs of easing, Federal Reserve leaders remain cautious, emphasizing the need for sustained data before making decisive policy changes.

Recent data indicate cooling inflation, but officials stress the need for more consistent progress toward the 2% target.
Labor market remains strong but shows signs of gradual cooling, with the unemployment rate at 4%.
Some Fed leaders advocate for a single rate cut by year's end, contingent on continued positive economic data.
Concerns persist over potential international shocks and the resilience of supply chains.
Fed officials emphasize data-dependent decision-making, avoiding premature policy shifts.