PBS News Hour

Strong jobs report raises fear Fed may not lower rates soon

The labor market was running hot again last month as U.S. employers added 353,000 jobs, double what many expected. It's been resilient for months despite predictions of a recession last year. At the same time, the Federal Reserve indicated it’s too soon to start lowering interest rates. Amna Nawaz discussed the latest with Federal Reserve Bank of Chicago President Austin Goolsbee.

Strong jobs report raises fear Fed may not lower rates soon

6m 43s

  • July 25, 2024 - PBS News Hour full episode: asset-mezzanine-16x9

    July 25, 2024 - PBS News Hour full episode

    S2024 E208 - 57m 46s

    Thursday on the News Hour, the new presidential matchup takes shape with Vice President Harris trying to rally support from key voting blocs and former President Trump sharpening his attacks. We hear how families of hostages view Israeli Prime Minister Netanyahu's controversial visit to the U.S. Plus, our look at what's behind the troubling rise in suicides among young Black Americans.

  • Biden's addresses the nation after 2024 exit | PBS News Special Coverage: asset-mezzanine-16x9

    Biden's addresses the nation after 2024 exit | PBS News Special Coverage

    26m 46s

    President Joe Biden explained his decision to exit the 2024 race Wednesday in a live address from the Oval Office. Biden spoke about how it was time to "pass the torch to a new generation," and the opportunity he saw to unite his party in the name of democracy. Amna Nawaz and Geoff Bennett host special coverage with Correspondent Laura Barrón-López and strategists Kevin Madden and Guy Cecil.

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