Business
Chicago Fed president expects multiple interest rate cuts amid economic ‘overcooling’ - PBS NewsHour
The latest jobs report paints a mixed picture of the overall economy. The U.S. added 142,000 new jobs last month and the unemployment rate dipped slightly to 4.2 percent. The report was better than July, but with revisions, it shows a job market that
By: PBS
- Sep 08 2024
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Austan Goolsbee:
You know the rules. I'm not allowed to speak for anybody else on the committee, only for myself.
I think we set a high interest rate more than a year ago and we have been sitting t… [+611 chars]