Fed Rate Cuts and the Labor Market Signal

Harvard economist Jason Furman joins Kyla Scanlon and Zaid Admani to unpack the state of the U.S. economy amid missing government data, the AI-driven boom, and rising talk of socialism. They explore how much of today’s growth is fueled by AI spending versus real productivity, whether a bubble burst would trigger a recession, the Fed’s latest rate cuts, and why Chipotle’s burritos might be a better economic indicator than GDP.