Learn English: Fed Governor Backs Cutting Interest Rates in December (normal)

21 hours, 23 minutes ago

Fed Governor Backs Cutting Interest Rates in December

A Federal Reserve governor supports lowering interest rates this December.

He is concerned about the job market experiencing a noticeable slowdown.

Other Fed members worry that inflation could become a bigger problem.

He feels cutting rates now is a smart risk management decision.

Learn English with En30s

Our simplified news summaries make learning English easy and efficient. Whether you're a beginner or an advanced learner, we have the right level for you. Choose from our easy, normal, or hard summaries and improve your English skills today!

Other difficulties

Source

Original: CNBC

Tags

#Federal Reserve #Interest Rates #Labor Market #Monetary Policy #Economy

Other Business

Download En30s from Google Play