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Booth: Fed Needs to Focus on Employment Mandate

Booth: Fed Needs to Focus on Employment Mandate

Schwab Network · Schwab Network

June 23, 20258m 36s

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Show Notes

Danielle DiMartino Booth says "everything is pointing to weakening labor" which is heightening pressure on jobseekers. She discusses Fed Governor Waller's recent dovish commentary suggesting a rate cut could come as soon as July. Danielle maps out possible next steps for the Federal Reserve, and believes Chairman Jerome Powell should help move the focus to its employment mandate instead of the inflation one.


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