ECONOMIC SHOWDOWN: White House says Fed has room to act

Thank you very much indeed. White House National Economic Council Director Kevin Hasset joins me now. Kevin, welcome back.That was a strong jobs report. How does a strong labor market translate into lower interest rates. >> Right.Well, first of all, I got to say that Ed did a great job summarizing the headlines. I would just add a couple more and then I'll go into the interest rate story. Uh the first is that there's been the story that everybody's been worried about that AI is going to make it so that nobo ...