That will likely please President Trump, who has been calling for lower borrowing costs since he took office (though he wants even bigger cuts). It also gives us a clue as to how central bankers view the economy. What they want is a labor market in which jobs are plentiful and unemployment is as low as it can be without causing prices to rise too much. So just how healthy is the economy? The case for worryTrump says Americans are experiencing the “best economy we’ve ever had.” Experts say the economy is solid, but the labor market looks much more wobbly than it did at the start of the year.

Source: The Times September 17, 2025 18:43 UTC