PBS News Hour

Chicago Fed president expects rate cuts amid 'overcooling'

The latest jobs report paints a mixed picture of the overall economy. The U.S. added 142,000 new jobs last month and the unemployment rate dipped slightly to 4.2 percent. The report was better than July, but with revisions, it shows a job market that is notably cooler than this past winter. Geoff Bennett discussed more with Austan Goolsbee, president of the Federal Reserve Bank of Chicago.

Chicago Fed president expects rate cuts amid 'overcooling'

6m 35s

  • November 21, 2024 - PBS News Hour full episode: asset-mezzanine-16x9

    November 21, 2024 - PBS News Hour full episode

    S2024 E327 - 56m 41s

    Thursday on the News Hour, Matt Gaetz drops his bid to serve as Trump's attorney general after failing to quell concerns about sex trafficking allegations. The International Criminal Court issues arrest warrants for Israel's prime minister, its former defense minister and Hamas' military chief for crimes committed in Gaza. Plus, Sen. Sherrod Brown discusses the future of the Democratic Party.

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