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US Labor Secretary says Fed needs to cut rates, plus why a Sept rate cut is likely

DeFi Daily News by DeFi Daily News
September 7, 2025
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US Labor Secretary says Fed needs to cut rates, plus why a Sept rate cut is likely
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US Labor Secretary Lori Chavez-DeRemer discusses the August jobs report and why she believes the Federal Reserve needs to cut rates in September.
StoneX’s Jon Hilsenrath and BlackRock’s Gargi Chaudhuri discuss the August jobs report, the markets, and why a September rate cut is becoming more likely.
KPMG US chief economist Diane Swonk thinks there will be more than a September cut, saying, “I think we see three [rate cuts] by the end of the year.”
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Tags: BondsbusinessCurrenciescutEquitiesfedfed rate cutsFederal ReserveFXInvestingInvestmentLaborMarketMarketsMoneyNewsNYSEPersonal FinancePoliticsRaterate cutsratesSavingsSecretarySeptStock marketstocksYahoo FinanceYahoo FInance Premium
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