PBS News Hour

Chicago Fed president expects rate cuts amid '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.

Chicago Fed president expects rate cuts amid 'overcooling'

6m 35s

  • January 1, 2025 - PBS News Hour full episode: asset-mezzanine-16x9

    January 1, 2025 - PBS News Hour full episode

    S2025 E1 - 57m 46s

    Wednesday on the News Hour, New Year's celebrations turned to horror as a driver tore through Bourbon Street in New Orleans, killing and wounding multiple people. Then, we examine Jimmy Carter's global health legacy as the late president's goal of eradicating a tropical disease appears within reach. Plus, new research shows exercise could be the "most potent medical intervention ever known.”

WETA Passport

Stream tens of thousands of hours of your PBS and local favorites with WETA Passport whenever and wherever you want. Catch up on a single episode or binge-watch full seasons before they air on TV.