Fed Chair Powell: The labor market has cooled considerably

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Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact indications on timing or extent.
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2025 the biggest economy we’ve ever seen!! USA 🇺🇸

Lords
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1. The Jobs report was just revised down by 800K+.
2. From a peak high inflation of 9%+ in mid-2022, price increases for core food staples are still 13%+.
3. 74 days before the 2024 presidential election, Democrats are proposing tax increases in the midst of a recession.
4. Without a compensatory increase in productivity, a Fed rate drop would only fuel more inflation.
5. Welcome to more failed command & control economics from the Democrats.

nellosnook
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Why don't you talk to talk to Steve Forbes he can tell you the truth. That way you can stand up there and see the truth.

leticiasanchez