U.S. unemployment rises as the Fed holds tight on key interest rates • Wisconsin Examiner

Wisconsin Examiner

Left

High Factuality

U.S. unemployment rises as the Fed holds tight on key interest rates • Wisconsin Examiner

Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on July 31, 2024, in Washington, D.C. The U.S. unemployment rate climbed to 4.3%, up 0.2% from the month before, after the Fed held short-term interest rates where they are. Some economists believe the central bank has waited too long to cut rates. (Photo by Andrew…