Fed’s Goolsbee Cautions Against Rapid Rate Cuts: Stable Jobs, Sticky Inflation, and the USD’s Balancing Act
In his latest remarks, Federal Reserve official Austan Goolsbee offered a cautiously optimistic assessment of the U.S. labor market, noting that most indicators continue to show “a lot of stability.”
AI Layoffs and Cost Cuts Surge: U.S. Firms Record Biggest October Job Cuts in Over 20 Years
U.S. companies announced 153,074 job cuts in October, marking the highest total for the month since 2003, according to data from Challenger, Gray & Christmas Inc.