US Labor Secretary Says Fed Needs to Cut Despite 'Solid' Jobs Data
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YouTubeBloomberg Television
US Labor Secretary Says Fed Needs to Cut Despite 'Solid' Jobs Data
US Labor Secretary Lori Chavez-DeRemer reacts to the "solid" September jobs report and says the Federal Reserve needs to cut rates again. Nonfarm payrolls increased 119,000 after the prior month was revised lower, according to Bureau of Labor Statistics data, and the unemployment rate ticked up to an almost four-year high of 4.4% as the labor ...
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