225K views · 1.4K reactions | Federal Reserve Chair Powell discusses whether economic data has been impacted yet by policies of the Trump administration. Find more: cnb.cx/3FFKzL3 | CNBC | Facebook
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Fed goes big with interest rate cut in a bid to head off an economic slowdown
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The Federal Reserve does not directly set mortgage rates. Instead, mortgage rates are influenced by a variety of economic factors, including employment data, inflation trends, and overall market conditions. Recent comments by Fed Chair Jerome Powell regarding government shutdown risks, tariffs, and inflation have contributed to market uncertainty, which may lead to upward pressure on interest rates. | Eddie OKeefe
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After Federal Reserve Chair Powell said the U.S. labor market is “cooling off,” former National Economic Council Director Gary Cohn signals his agreement, telling Margaret Brennan, “It may be quite temporary, but we have seen the job market degrade.” “I do think that we have seen companies cut back on the amount of employees they have,” Cohn adds, explaining data shows companies are letting their workforce decline “naturally” as workers retire. | Face The Nation
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US shutdown threatens economic data: A potential shutdown could delay key economic data like jobs reports and inflation figures, leaving the Federal Reserve Shivan Chanana and Jyotsna Kumar bring you more details | WION | Facebook
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84K views · 705 reactions | New data today shows that the price of nearly everything is up – averaging an 8.3 percent increase compared to a year ago. Inflation is putting more pressure on the Federal Reserve to continue aggressively raising interest rates when it meets next week. NBC News’ Emilie Ikeda reports on the economic concerns. | NBC Nightly News with Tom Llamas | Facebook
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