Citadel founder Ken Griffin expects the Federal Reserve to cut rates once more in 2025, possibly twice at most, as policymakers turn their focus to the labor market.

  • He told CNBC the Fed is concerned about weakening job creation, with unemployment rising to 4.3% in August — the highest since 2021.

  • Griffin said uncertainty remains over the labor market’s exact position, noting slower U.S. population growth without immigration could constrain future job creation.

  • He reiterated his support for Fed independence, arguing in a Wall Street Journal op-ed that President Trump should protect the central bank’s autonomy even while seeking lower rates.

Source: Investing Live