Business Rundown: Fed Weighs Final Rate Cut of 2024
Update: 2024-12-09
Description
The November jobs report tells the story of a labor market rebounding, adding back 227,000 jobs.
Now this week, the Fed has two key pieces of inflation data (the CPI and PPI) to read before they make their final rate cut decision of the year.
Fox Business correspondent Gerri Willis speaks with the CEO of Mahoney Asset Management, Ken Mahoney, about the direction of the labor market and how it will inform the Fed's final rate cut of 2024.
Photo Credit: AP
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