Fed Expected to Cut Rates Again, Job Market Concerns Grow
Update: 2025-12-05
Description
Federal Reserve officials prepare for third rate cut, aiming to safeguard job market; economists predict two more cuts in 2020; job cuts by large companies like Verizon and Amazon; unemployment benefits remain low; inflation report delayed due to government shutdown; economists prioritize weakening job market over rising inflation; new economic projections expected, with higher growth and lower inflation estimates; Kevin Hassett, National Economic Council Director, favored for Fed Chair position.
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