News

The jobs number surpassed everyone’s expectations. Cue the complaints about the Fed

todayOctober 5, 2024 8

Background
share close
Last month, the Fed slashed interest rates by a supersized half-point in a bid to prevent the job market from falling apart, Chair Jerome Powell explained in a news conference after the decision was announced.

​ Last month, the Fed slashed interest rates by a supersized half-point in a bid to prevent the job market from falling apart, Chair Jerome Powell explained in a news conference after the decision was announced. Read More Breaking News, Latest News and Videos | CNN 

Written by:

Rate it