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Snippet of Article: "...That the Fed is cutting rates signifies not merely the failures of the Biden-Harris administration on the economy, but, as evidenced from Powell's own words, illegal immigration as well. ..."If you're having millions of people come into the labor force then--and you're creating 100,000 jobs, you're going to see unemployment go up. ... We understand there's been quite an influx across the borders, and that has actually been one of the things that's--that's--that's allowed the unemployment rate to rise, and the other thing is just the slower hiring rate," he said. "
Source: townhall.com