Labor market is not 'falling off a cliff', Fed to cut 25bps : Economist

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 38 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 63%

Lydia Boussour Nouvelles

Labor Market,Federal Reserve,Falling Off A Cliff

The August jobs report fell short of expectations, adding 142,000 jobs compared to the 165,000 economists had forecast. EY Senior Economist Lydia Boussour...

adding 142,000 jobs compared to the 165,000 economists had forecast. EY Senior Economist Lydia Boussour joins Wealth! to discuss her economic outlook in light of this report.

So in, in terms of the size of the rate cuts, we remain in the camp that the Federal Reserve will implement a 25 basis point rate cut. I think inflation and, and the inflation readings that we're gonna get are going to be important, but it's also important to take a step back from these, you know, all these data points and really look at the overall backdrop.

Um I think we're all set for that 25 basis point rate cut and that gradual of pace of everything going forward.All-Pro Jalen Ramsey and the Miami Dolphins have agreed on a three-year, $72.3 million contract extension, a person with knowledge of the deal told The Associated Press on Friday. NFL Network first reported the deal that will pay Ramsey $24.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 47. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

'The labor market is normalizing,' no recession in sight: EconomistUS jobless claims for the week ending on August 10 came in at 227,000, much less than Wall Street expected. The data signals the labor market has not slowed ...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »