'Very confident' labor market will turn around in 2026, says Treasury official Joe Lavorgna
CNBC Television·2025-11-25 22:23
Morning. We finally got the PPI report for September. It showed wholesale prices rising less than expected.It's a sign that inflation may be cooling, but concerns are still brewing over the consumer. Confidence hitting its lowest level since April and elevated concerns about the jobs picture. We also got a softer retail sales number this morning.Where does that leave the Fed. Where does it leave the economy. Joining us now, Joe Levia.He is counselor to the Treasury Secretary. And Joe, it's great to have you ...