Cathie Wood: The current unemployment rate is higher than the peaks in each cycle from 2008 to 2009, and it is clear that it will call for lower interest rates again.
Source: PANews
Time: 2025-09-07 21:26:41
PANews September 7th news, ARK Invest CEO Cathie Wood posted on X platform, saying, "We expect productivity-driven booms to shorten 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."