It’s ‘just what the Fed chair wanted’ as the economy adds fewer jobs and unemployment rises to 3.9%
May 03, 2024
“For those grappling with renewed stagflation fears, this payrolls report supports what Powell said earlier this week about not seeing the ‘stag’ or the ‘-flation’ right now,” JPMorgan's Elyse Ausenbaugh said. Read More
https://fortune.com/2024/05/03/jobs-report-april-just-what-fed-chair-wanted-jerome-powell-rate-hikes/
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