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Slower US Job Growth to Support Fed Patience.
In: Bloomberg.com, 2023-08-27, S. N.PAG
Online
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Zugriff:
Getting inflation down to 2% is expected to require softer labor-market conditions and a period of below-trend economic growth, Fed Chair Jerome Powell said Friday at the Kansas City Fed's annual conference in Jackson Hole, Wyoming. (Bloomberg) -- Employment growth in the world's largest economy probably cooled and wage increases moderated in August, suggesting a further tempering of inflation risks that reduces the urgency for another Federal Reserve interest-rate hike. For more, read Bloomberg Economics' full Week Ahead for Asia Europe, Middle East, Africa Euro-area inflation readings will provide a key data point ahead of September's highly anticipated European Central Bank rate decision. [Extracted from the article]
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Slower US Job Growth to Support Fed Patience.
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Autor/in / Beteiligte Person: | Golle, Vince |
Zeitschrift: | Bloomberg.com, 2023-08-27, S. N.PAG |
Veröffentlichung: | 2023 |
Medientyp: | serialPeriodical |
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