Brookings President Cecilia Rouse discusses the human impact of the Fed’s decision, emphasizing that monetary policy affects paychecks, hiring, borrowing costs, and retirement planning—not just basis points and forecasts. She says the Fed is trying to restore price stability while avoiding a deeper downturn in the labor market. She speaks with Romaine Bostick on "The Close." (Source: Bloomberg)
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Brookings President Cecilia Rouse discusses the human impact of the Fed’s decision, emphasizing that monetary policy affects paychecks, hiring, borrowing costs, and retirement planning—not just basis points and forecasts. She says the Fed is trying to restore price stability while avoiding a deeper downturn in the labor market. She speaks with Romaine Bostick on "The Close." (Source: Bloomberg)