Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election on Nostr: Federal Reserve Chair Powell Highlights Cooling Labor Market as Sign of Possible Rate ...
Federal Reserve Chair Powell Highlights Cooling Labor Market as Sign of Possible Rate Cuts
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#504cefd6 ver:1.5
Federal Reserve Chair Powell highlights cooling labor market as sign of possible rate cuts. US economic slowdown raises concerns, with revisions to labor data showing slower job growth. Unemployment rate rises to 4.1% and wages grow at slowest pace in two years. Fed's GDPNow Index drops to lowest since December, indicating slowing economic momentum. Powell suggests case for interest rate cuts is becoming stronger, opening the door for a possible rate cut in September. #FederalReserve #economy #jobmarket #interestrates...
#newstr #FederalReserve #JeromePowell #UsEconomy #InterestRates #Inflation #JobMarket
https://here.news/story/504cefd6?ver=1.5
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#504cefd6 ver:1.5
Federal Reserve Chair Powell highlights cooling labor market as sign of possible rate cuts. US economic slowdown raises concerns, with revisions to labor data showing slower job growth. Unemployment rate rises to 4.1% and wages grow at slowest pace in two years. Fed's GDPNow Index drops to lowest since December, indicating slowing economic momentum. Powell suggests case for interest rate cuts is becoming stronger, opening the door for a possible rate cut in September. #FederalReserve #economy #jobmarket #interestrates...
#newstr #FederalReserve #JeromePowell #UsEconomy #InterestRates #Inflation #JobMarket
https://here.news/story/504cefd6?ver=1.5