Is it something I mean the Fed is is responding to it. They cut interest rates for the first time this year. Do you expect more cuts.>> So I you know I think the Fed Fed is nervous about the labor market because we did see this decline in number of jobs being created and in terms of balance of risks they chose to focus on the unemployment side rather than on the inflation side. >> Do you agree with that. I >> I I think that 25 basis points really isn't going to change a thing.So whether I agree with it or n ...

Citadel’s Ken Griffin said he expects the Fed to cut its benchmark rate once more in 2025 as the central bank turns its focus to the labor market https://t.co/N5YJQ8IReW ...

Federal Reserve Bank of Chicago President Austan Goolsbee said interest rates could come down further if economic data shows inflation is on track to reach the central bank’s target and the labor market remains steady https://t.co/qTTGk7oA9p ...

Joining us now with more on the market, Stephen Parker, JP Morgan uh private bank, co-head of global uh investment strategy. I I'll I guess I'll start with in a similar vein to with with Katie Stockton. She's um obviously looks at at technicals.You're more fundamentals. There's probably no one that that doesn't or hasn't heard that the market is fully valued. I think even uh Jay Powell intimated as much the other day also said that that doesn't necessarily mean that the market's ready to go down either beca ...

I'm not attempting to provide an impossible degree of precision, but a general ballpark. Based on this analysis, I believe the appropriate Fed funds rate is in the mid 2% area, almost two percentage points lower than current policy. The Federal Reserve has been entrusted with the important goal of promoting price stability for the good of all American households and businesses.And I am committed to bringing inflation sustainably back to 2%. However, leading policy restrictive by such a large degree brings s ...

Federal Reserve Governor Stephen Miran said interest rates are too high and made a case for lowering them aggressively in the coming months to protect the labor market https://t.co/tqGFUFRxzI ...

Federal Reserve Bank of St. Louis President Alberto Musalem said he supported last week’s interest-rate reduction as a way to take out insurance against a weakening labor market, but sees limited room for more cuts amid elevated inflation https://t.co/vBI47BTmFp ...

All right, newly installed Fed Governor Steven Myron is saying he favored a bigger rate cut at the recent FOMC meeting. Here with the latest on this story is our Fed correspondent Jennifer Shawnberger. Jen, good afternoon.miles. New Federal Reserve Governor Steven Myron said he favored a jumbosized rate cut at the central bank's policy meeting earlier this week because he doesn't see any inflation from tariffs and he favors a policy rate that does not restrict the economy nor spur it. Myron telling CNBC in ...

Labor Market Concerns - The industry is monitoring the potential impact of white-collar and new graduate job seekers facing difficulties in finding employment [1] - Immigration policy changes, such as border closures, have significantly altered the job growth break-even rate [2] AI Impact Assessment - The industry views AI with optimism but acknowledges that its labor market effects may be slower than initially anticipated [3] - The industry notes that predictions of widespread displacement of long-haul truck drivers by self-driving technology have not materialized in the short term [3] - The industry is carefully observing AI's influence but has not yet seen substantial effects on the labor market compared to other policy developments [4]

And the Federal Reserve cutting interest rates by a quarter uh percentage point was a interesting called risk management uh by JPAL. Kind of an interesting term. We asked Roger Ferguson about what he thinks that means.It was the first cut since late last year. The vote was 11 to1. One uh new Fed Governor Steven Myron voting for a 50 basis point reduction.The Fed signaling two more cuts could be on the horizon before uh the end of the year. But there was a wide disparity among expectations. >> Ordinarily, wh ...