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Powell Spooks Markets, More Job Cuts at Meta
Published 2 years, 11 months ago
Description
Bloomberg's Caroline Hyde and Ed Ludlow discuss Fed Chair Jerome Powell testimony that failure to reach a deal on the national debt limit could have dire consequences for the economy, hinting a higher than expected rate hike, and upping his fight with crypto. Plus Meta is planning to layoff thousands more this week to fulfill CEO Mark Zuckerberg's Year of Efficiency.
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