Cathie Wood: The U.S. unemployment rate has been higher than the peaks in each cycle before 2008-09, and it sends another signal for interest rate cuts
Source: Odaily
Time: 2025-09-07 21:26:08
Odaily Planet Daily News Cathie Wood, founder and CEO of ARK Invest, posted on the X platform that the expected productivity-driven boom should shorten the duration of unemployment, but the current unemployment rate in the United States is higher than the peaks in each cycle before 2008-2009. This once again explicitly calls for lower interest rates.