Could the U.S. Economy Be Headed Towards a Hard Landing? Peter Cardillo Gives Insights

Peter Cardillo, Chief Market Economist at Spartan Capital Securities, provides his expert analysis on the weaker-than-expected August jobs report from the U.S. Despite the unemployment rate aligning at 4.2%, hiring remains tepid, signalling a potential slowdown in the U.S. labour market. Peter also talked about the implications of these numbers and shared his insights on the possibility of a 25 basis points rate cut from the Federal Reserve in November.