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zero2a$mill

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07/01/23

10:50

Post #: 65575144
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Originally posted by poyndexter ↑

And for an opposing view …

Full article here … https://www.wsj.com/articles/strong...olve-fed-debate-on-next-rate-rise-11673016037 … an excerpt below …

[[[ The employment report which showed that strong job growth continued to tighten the labor market in December, is important because many Fed officials have shifted their attention from inflation readings to the labor market. They are concerned that inflation, while expected to decline this year, could settle at uncomfortably elevated levels, particularly if it leads workers to bid up wages.The report offered little evidence that the Fed’s rapid rate rises last year have significantly slowed hiring. Employers added 223,000 jobs in December and the unemployment rate dropped to 3.5% from 3.6% in November, returning to a 50-year low. ]]]

Dex

PS … off soon for our first sailing race for 2023 … crossing fingers, toes, arms and legs that I won’t need wet weather gear 8))

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POSTING ON A WEEK OLD THREAD.
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