UPenn’s President Resigns & Interest Rate Optimism | 12.11.23
Morning Wire
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Labor Market Cooling and Interest Rate Optimism
This chapter explores the recent slowdown in the U.S. labor market and its implications for potential interest rate cuts by the Federal Reserve. It highlights the November jobs report, which shows a significant drop in job growth, suggesting that the Fed's strategies to combat inflation may be effective.
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Transcript
