Economist Warns Against Panic Over Jobs Report
#JobsReport #InflationDataNPR's Ayesha Rascoe asks economist Jed Kolko about Friday's weaker-than-expected jobs report and inflation data, exploring whether the latest figures signal economic concern or manageable adjustment. Kolko provides expert analysis on the implications. read more
#FederalReserve #InflationData
The US Federal Reserve maintains interest rates at 5.25% to 5.5% due to inflation persisting above the 2% target, quelling hopes for rate cuts. Inflation has fluctuated between 2% and 4%, with doubts emerging about future cuts. read more