The weaker-than-expected July jobs report and large downward revisions to the prior two months' job gains could signal that the U.S. economy is at a turning point, as Federal Reserve policymakers continue to monitor economic conditions and weigh interest rate cuts.Fed Governor Lisa Cook spoke on a panel with Boston Fed President Susan Collins at the Boston Fed. Cook said that the report was "concerning" as it could signal the U.S. economy is reaching an inflection point."We need to be cautious and humble because we should be monitoring all kinds of indicators. Let's say, for example, we just r...

2 weeks ago

On HALO