In a statement released Friday, Fed Governor Christopher Waller explained his reason for wanting a rate cut at the January Fed meeting. One of his reasons was that "the labor market remains weak" and that it "does not remotely look like a healthy labor market."
Indeed, director of economic research Laura Ullrich explains why the labor market doesn’t look healthy.
To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here: https://finance.yahoo.com/videos/series/asking-for-a-trend/
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