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HomeVideoChicago Fed president expects multiple interest rate cuts amid economic 'overcooling'

Chicago Fed president expects multiple interest rate cuts amid economic ‘overcooling’

The latest jobs report paints a mixed picture of the overall economy. The U.S. added 142,000 new jobs last month and the unemployment rate dipped slightly to 4.2 percent. The report was better than July, but with revisions, it shows a job market that is notably cooler than this past winter. Geoff Bennett discussed more with Austan Goolsbee, president of the Federal Reserve Bank of Chicago.

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