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Fed Cuts Rates as Economic Warnings Grow
Episode 2167
Published 4 months, 2 weeks ago
Description
The Federal Reserve has issued its second consecutive quarter-point rate cut, signaling growing concern about the direction of the U.S. economy. Fed Chair Jerome Powell warned that labor-market conditions are cooling, inflation risks remain elevated and new data suggests the workforce is losing momentum — with artificial intelligence continuing to shape employment trends.
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