Reported about 1 month ago
As the Federal Reserve prepares to cut interest rates, concerns grow that it may be too late to prevent an impending recession. HSBC's chief US economist Ryan Wang analyzes the current labor market data, noting resilience but suggesting that markets remain cautious about future economic challenges. Despite some signs of a soft landing for the economy, Wang emphasizes the Fed's continuous struggle to maintain economic stability amidst uncertainties.
Source: YAHOO