It’s another better-than-expected day for the U.S. labor market
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Job numbers from the Labor Department came in strong, and to help us make more sense of them, we are joined by Chris Low of FHN Financial. Elsewhere, the saga over Biden's student loan forgiveness plan has reached the halls of the Supreme Court. Then, we examine the Fed's balancing act of taming inflation while also trying to keep people working.
Segments From this episode
The Federal Reserve is supposed to do both things. But Chair Jerome Powell said this week the Fed will keep raising interest rates to cool inflation, even if that pushes people out of work.
David Brancaccio Host
Stephen Ryan Senior Producer, BBC
Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Alex Schroeder Producer
Redmond Carolipio Digital Producer
Ariana Rosas Producer
Jarrett Dang Digital Producer (gone fishing)
Jesson Duller Media Producer
Nick Esposito Media Producer