News@lemmy.world · 6 days ago

As U.S. jobs disappear, the Federal Reserve returns to rate cuts

www.cnbc.com

As U.S. jobs disappear, the Federal Reserve returns to rate cuts

www.cnbc.com

return2ozma@lemmy.world to

News@lemmy.world · 6 days ago

The U.S. labor market is producing relatively few jobs. In response, the Federal Reserve is lowering short-term interest rates to stimulate economic growth.

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6 days ago
Ah yes, at last we can borrow money more cheaply to build plants to sell things to unemployed people.

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