Jimmy Chen
speaker
345 appearances
47 recordings
1 series
first heard Jul 2025
last heard 20 Jan
Jimmy Chen’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 17 in all, peaking in Oct 2025 with 8.
Appearances
That's still higher than the Federal Reserve's target rate of 2% inflation.
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But investors think it's relatively mild.
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That's giving Wall Street more confidence about next week when the Fed is due to meet and is widely expected to cut interest rates.
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The Fed has been trying to keep inflation under control, which it does by keeping interest rates higher.
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But now the central bank is also facing signs of weakness in the labor market as hiring slowed to a crawl this summer.
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The Dow Jones, the Nasdaq, and the S P five hundred all closed at record highs.
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Inflation inched higher last month, up two point nine percent from a year ago, as consumers are paying more for groceries and gasoline.
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That's still higher than the Federal Reserve's target rate of two percent inflation.
voice-verified
But investors think it's relatively mild.
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That's giving Wall Street more confidence about next week, when the Fed is due to meet and is widely expected to cut interest rates.
voice-verified
The Fed has been trying to keep inflation under control, which it does by keeping interest rates higher, but now the central bank is also facing signs of weakness in the labor market as hiring slowed to a crawl this summer.
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The Dow Jones, the NASDAQ, and the SP five hundred all closed at record highs.
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Maria Aspen NPR News, New York.
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U.S.
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employers added nine hundred eleven thousand fewer jobs than initially counted during the twelve months ending in March.
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The updated figures are preliminary and routine, but still sobering.
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They show the labor market was likely weakening far more than expected under the last year of President Biden's term and the first months of President Trump's second presidency.
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The federal government regularly revises its monthly jobs numbers as more complete data comes in, but this year's revision comes as Trump has increasingly politicized the data and the agency that tracks it, even firing its commissioner, all fueling concerns over the integrity of the country's economic data.
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Maria Aspen, NPR News, New York.
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Showing 181–200 of 345 · page 10 of 18
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