NWArkProgressive
@arkprogressive.bsky.social
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Texan now living the good life in NWA Let's turn Arkansas blue ... link tree https://linktr.ee/NTX_AR_Progressive
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Reuters
@reuters.com
· 15h
Fed's Powell says economy on firmer footing, though low-hiring, low-firing trend continues
The U.S. labor market remained mired in its low-hiring, low-firing doldrums through September, though the economy overall "may be on a somewhat firmer trajectory than expected," Federal Reserve Chair Jerome Powell said on Tuesday, noting that policymakers will take a "meeting-by-meeting" approach to any further interest rate cuts as they balance job market weakness with the fact that inflation remains well above their 2% target.
reut.rs