Randy Krasner, Chicago Booth School, Federal Reserve discussed on Bloomberg Business of Sports


The labor force participation rate, especially among women, especially primate women. And that did bring along a slight increase in the unemployment rate, but overall a solid report that suggests that we're making the transition that we know we need to make in our labor market. Cecilia rouse, chair of the council of economic advisers, so the question now is how well the jobs report play into fed policy decisions, Randy krasner is a former fed governor, now a professor at the Chicago booth school. This is really what the fed is hoping for. More people are coming back into the labor market that helps to reduce the tightness of that market and you saw that manifest in slightly lower wage growth. Randy krasner of the Chicago booth school. The Federal Reserve, meanwhile, keeping a close eye on the labor market, and with that story here's Bloomberg's Vinny del giudice. The August 8 is your wage growth is moderating evidence this year's fed rate hikes could be tempering inflation. Labor figures into the cost of goods and services in the feds trying to strike a balance. Tame inflation and decent job growth. Last month's gain, and more than 300,000 jobs followed in July gain of more than a half million. They needed ice Bloomberg radio, CVS Health is an advanced talks to buy signify health for about $8 billion, this according to Dow Jones. Stocks lower S&P down 42 down 1.1% the Dow also down 1.1% today, NASDAQ fell 1.3%. Globally used 24 hours a day on air and on Bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. I'm Charlie palette. This is Bloomberg. Your listening to Bloomberg business of sports from Bloomberg radio. Thanks for joining us on the Bloomberg business of sports show where we explored the big money issues in the world of sports on Michael Barr, along with scarlet fu, and Damien SaaS sour. We're previewing the NFL season with NBC Sunday Night football lead game analyst Chris collinsworth. We left off talking about some of the players Chris is excited about entering the new season. Chris now who else should I keep my eye on? There's a guy named Alec pierce who was a wide receiver taken in the maybe second or third round out of Cincinnati and he is that sort of deep threat kind of guy. Fires deep for Alec pierce in the end zone. He's got it. Touchdown. Bearcats

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