Labor Secretary doesn't rule out possibility of economic 'hurricane'

Labor Secretary Marty Walsh on Friday told CNN there is “질문 없음” an economic “허리케인” is possible.

Asked if the Biden administration agrees with JPMorgan Chase CEO Jamie Dimon’s recent headline-making prediction of a hurricane, 월시가 말했다, “We have to continue to move forward a step at a time here to preventsuch an event from hitting the US economy.
What I heard Jamie Dimon just say was that we were potentially going to get hit with a hurricane. It could be a severe rainstorm or it could be worse than that. I think there’s no question about that,” Walsh told CNN’s Poppy Harlow onNewsroomwhen asked if Dimon’s comments on Thursday were correct. “We can’t really predict the future right now. I think it’s uncertain how it’s going to be in the future.
    The comments from Walsh come as the Biden administration navigates surging prices among fears the US could face a slowdown and after Treasury Sec. 자넷 옐렌 admitted earlier this week she failed to anticipate how long inflation would impact consumers.
      At a conference on Thursday, Dimon predicted an economic “허리케인” fueled by the war in Ukraine, rising inflation and interest rate hikes from the Federal Reserve.
        Dimon said while the outlook appears optimistic, the economy is heading for a rough period.
        Right now it’s kind of sunny, things are doing fine. Everyone thinks the Fed can handle this,” 그는 말했다. “That hurricane is right out there down the road coming our way.
          그는 계속했다, “We just don’t know if it’s a minor one or Superstorm Sandy. You better brace yourself,” Dimon said, adding that JPMorgan Chase is preparing for anon-benign environment” 과 “bad outcomes.
          While there is worry about the direction the US economy is heading, 있다 표지판 the economy is cooling.
            US employers added 390,000 jobs in May, representing a robust but slower pace of hiring, 노동 통계국에 따르면’ monthly jobs report released Friday. The numbers, while the lowest since April 2021, were better than many were forecasting.
            President Joe Biden on Friday said the latest jobs report indicates the nation is settling into a period of “안정된, steady growthand more moderation should come.

            댓글이 닫혀 있습니다..