Former Federal Reserve President Discusses Job Market and Spending Moderation

Reported 6 months ago

Former Kansas City Federal Reserve president Esther George discusses the importance of the upcoming Friday jobs report and the Federal Open Market Committee Meeting, highlighting the focus on inflation and unemployment. George notes the recent rate cuts by central banks and the global inflation dynamics. She points out a 'welcome moderation' in consumer spending and the job market, emphasizing the significance of consumer confidence. Investors are closely monitoring these economic indicators for insights on monetary policy and the economy's trajectory.

Source: YAHOO

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