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Greg Robb
A MarketWatch reporter who covered the latest speech by the Fed Chair.
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Aug 29, 2024
• 26min
The Fed's historic move, and the job market that forced it
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Greg Robb, a MarketWatch reporter, shares insights after covering Fed Chair Jerome Powell’s pivotal speech. The discussion highlights a surprising interest rate cut tied to a struggling job market. Robb reveals alarming downward revisions in job creation, marking a shift from worker empowerment to employer dominance. Americans' job security concerns rise as economic conditions evolve. Additionally, the conversation looks at anticipated changes in hiring patterns and the broader implications for the economy, including housing prices and industry earnings.
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