Jennifer Harris, International Economist and Former Senior Director for the National Security Council & National Economic Council, weighs in on whether or not the Federal Reserve is too late on their 50 basis-point rate cut in regards to the job market. Harris states that the rate cut effects will not be felt by Election Day, and discusses other inflationary risks she claims interest rates aren’t the best means to tackle. She speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s "Balance of Power."
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