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

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

    July 1, 2025 - PBS News Hour full episode

    S2025 E182 - 57m 46s

    Tuesday on the News Hour, as the Senate passes the president's massive domestic policy bill, we examine what's in it and its chances of final passage in the House. The U.S. withholds weapons promised to Ukraine, another blow to the nation that's lost more territory to Russia in recent days. Plus, how the Trump administration is trying to change how U.S. history is taught in schools and in museums.

  • June 30, 2025 - PBS News Hour full episode: asset-mezzanine-16x9

    June 30, 2025 - PBS News Hour full episode

    S2025 E181 - 57m 46s

    Monday on the News Hour, the Senate pushes the president's massive budget bill toward passage, even as some Republicans voice concerns over cuts to Medicaid. More in Gaza are killed while desperately trying to get food as the U.S. makes a new push for a ceasefire. Plus, the Justice Department dedicates more FBI agents to investigating unsolved cases of missing and murdered Indigenous people.

PBS PASSPORT

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