Fed Governor Cook: The Unemployment Rate Remains a Good Indicator of Economic Weakness
According to a report by Jinse Finance, Federal Reserve Governor Cook stated that caution is necessary when interpreting data. The July employment figures are concerning, and significant data revisions may occur when the economy is at a turning point. The unemployment rate remains a good indicator of economic weakness.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Yala: We have noticed the community's concerns regarding the stablecoin YU and are actively investigating.
Crypto market sentiment plunges to "freezing point," Fear & Greed Index currently at 10
Altcoin season index rebounds to 32
