Cutting Interest Rate Doesn't Address Problems in the Economy: Economist

Name: Cutting Interest Rate Doesn't Address Problems in the Economy: Economist
Uploaded: 2024-09-10T03:21:36.000Z
Description: The latest jobs report echoes a growing trend of a loss in full time jobs, with a growth in part-time, lower wage work, according to EJ Antoni, public finance economist at The Heritage Foundation. Additionally, the Fed is expected to cut rates, but this may not address underlying economic issues, he says. Meanwhile, China faces deflation as consumer demand plummets.

Capitol Report

Sep-09-2024

The latest jobs report echoes a growing trend of a loss in full time jobs, with a growth in part-time, lower wage work, according to EJ Antoni, public finance economist at The Heritage Foundation. Addi...