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Economist says Federal Reserve too slow to cut interest rates and weakening the economy
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Manage episode 432168607 series 35773
Content provided by PBS NewsHour. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by PBS NewsHour or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The U.S. labor market slowed down in July and looked weaker than expected, creating 114,000 new jobs. The unemployment rate also ticked up to 4.3 percent. It's raising questions about whether the Federal Reserve has waited too long to cut interest rates. Economist Mohamed El-Erian is among those who have been very vocal about this. He joined Geoff Bennett to discuss his concerns. PBS News is supported by - https://www.pbs.org/newshour/about/funders
…
continue reading
18669 episodes
MP3•Episode home
Manage episode 432168607 series 35773
Content provided by PBS NewsHour. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by PBS NewsHour or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The U.S. labor market slowed down in July and looked weaker than expected, creating 114,000 new jobs. The unemployment rate also ticked up to 4.3 percent. It's raising questions about whether the Federal Reserve has waited too long to cut interest rates. Economist Mohamed El-Erian is among those who have been very vocal about this. He joined Geoff Bennett to discuss his concerns. PBS News is supported by - https://www.pbs.org/newshour/about/funders
…
continue reading
18669 episodes
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