Labor Secretary Urges Fed to Cut Rates for Americans' Relief

Reported about 17 hours ago

US Labor Secretary Lori Chavez-DeRemer emphasized the urgent need for the Federal Reserve to lower interest rates to prevent further economic suffering for Americans. Following a report showing modest job growth in August, she stated that while the government is making efforts to boost the labor market, the Fed's inaction is hindering progress. As companies invest in their workforce, she argues that a rate cut is essential to stimulate the economy and support workers.

Source: YAHOO

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