Former Treasury Secretary Larry Summers speaks on the the jobs report and wage numbers and how this will affect the Fed's decision to potentially cut rates this year with Bloomberg's David Westin
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01/06/24 • 15 min
Bloomberg Talks - Larry Summers Talks Jobs Report
Transcript
This is Wall Street Week. I'm David Weston. We're now joined by our specialist Larry Summers of Harvard's and Larry, thank you so much for being with us. We got those jobs numbers at the end of the week on Friday. They were significally better than expected. There were some down revisions for the prior month. At the same time, IM numbers came in a little softer. What do you make of these jobs numbers and particularly perhaps the wage numbers, Dav
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