Business and Finance Business and Finance
Sun, December 8, 2024
Sat, December 7, 2024
[ 07:20 PM ] - United States, MSN
Leo Horoscope for December 9, 2024
[ 04:20 PM ] - United States, Yahoo Finance
Could AMD Be the Nvidia of 2025?

November jobs report gives the Fed 'room to cut,' Megan Leonhardt says


Published on 2024-12-07 16:01:07 - MSN
  Print publication without navigation

  • Barron's Roundtable' panelists Ben Levisohn, Al Root and Megan Leonhardt discuss the top three stories from the week.

The November Jobs Report, as discussed by Megan Leonhardt, indicates a robust yet cooling labor market, providing the Federal Reserve with potential leeway to adjust its monetary policy. The report highlights a decrease in job growth to 199,000 new jobs, which is lower than the previous month but still signifies a strong labor market. Unemployment remained steady at 3.7%, and wage growth slowed slightly, suggesting that inflationary pressures might be easing. Leonhardt notes that this scenario could allow the Fed to consider cutting interest rates to stimulate economic activity without reigniting inflation, as the balance between job creation and wage increases seems to be aligning with the Fed's goals of achieving a soft economic landing.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/november-jobs-report-gives-the-fed-room-to-cut-megan-leonhardt-says/vi-AA1vq5Yk ]

Contributing Sources