Cathie Wood: The current unemployment rate is higher than the peaks in each cycle from 2008 to 2009, and it sends another signal for interest rate cuts.
Source: BlockBeats
Time: 2025-09-07 21:22:11
BlockBeats News, on September 7, ARK Invest CEO Cathie Wood tweeted, "We expect productivity-driven booms should reduce the duration of unemployment, but the current unemployment rate is higher than the peaks in the pre-crisis cycles from 2008 to 2009. This once again explicitly calls for lower interest rates."