Here's your summary from Dutta on Fed Rate Cuts: "Get On With It" (https://www.youtube.com/watch?v=001MkQHbUUE) on the Bloomberg Television channel:
**TLDR:** The speaker urges the Fed to act quickly on rate cuts due to moderating job growth and rising unemployment.
1. Job growth is slowing, with payrolls increasing by 177,000 per month, a decrease from previous months.
2. Unemployment has risen for three consecutive months, indicating a need for action from the Fed.
3. The speaker believes the Fed should prioritize addressing the current economic challenges to prevent further negative impacts on wages and inflation.
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