EPISODE · Sep 13, 2024 · 2 MIN
UBS On-Air: Paul Donovan Daily Audio 'The US and China – different consumers'
The US has more people employed, working longer hours, for more pay. Last Friday’s employment report essentially summarized a soft economic landing. There was evidence of slower hiring (without firing) in the employment details, also consistent with a soft landing. While the Federal Reserve is late in cutting rates, the delay has not yet done much economic damage.
What this episode covers
The US has more people employed, working longer hours, for more pay. Last Friday’s employment report essentially summarized a soft economic landing. There was evidence of slower hiring (without firing) in the employment details, also consistent with a soft landing. While the Federal Reserve is late in cutting rates, the delay has not yet done much economic damage.
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UBS On-Air: Paul Donovan Daily Audio 'The US and China – different consumers'
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