With weak hiring this summer, Wolfers has difficulty anticipating the Fed rate cuts | Gerald R. Ford School of Public Policy

With weak hiring this summer, Wolfers has difficulty anticipating the Fed rate cuts

September 6, 2024 The Wall Street Journal

Recent job reports have not offered a definitive answer on how much the Fed is expected to cut interest rates. Justin Wolfers of the Ford School mentioned, "There’s nothing in this report that would turn optimists pessimistic... Would it turn pessimists optimistic? I think the answer to that is no.”