Fed rate changes and labor market uncertainty - Wolfers | Gerald R. Ford School of Public Policy

Fed rate changes and labor market uncertainty - Wolfers

February 7, 2025 The New York Times

The Federal Reserve Bank is set to lower rates as the economy stabilizes over the next few months. Speaking with The New York Times, the Ford School's Justin Wolfers cautioned businesses about these changes and the adaptations of the labor market with new immigration law. “If I were a C.E.O. of any company right now, what would I be doing? For almost any investment I can think of, the best answer is to wait three months,” said Wolfers.