Philly Fed President Discusses Labor Market Resilience Amid Potential Rate Cuts

Reported about 2 months ago

Philadelphia Fed President Patrick Harker emphasizes that the labor market remains robust and is not in trouble, even as the Federal Reserve considers interest rate cuts. Speaking at the Jackson Hole Economic Symposium, he highlights the unprecedented nature of the current economic conditions and reflects on the adjustments the labor market has made following past challenges.

Source: YAHOO

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