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An unexpected job surge confounds the Fed's economic models

Por: Associated Press Business February 04, 2023

WASHINGTON (AP) — Does the Federal Reserve have it wrong? For months, the Fed has been out of concern that employers, desperate to hire, would keep boosting pay and, in turn, keep inflation high. But January’s coincided with an actual slowdown in wage growth. And it followed an easing of numerous inflation measures in recent months. The past year’s consistently robust hiring gains have defied the in four decades — an aggressive effort by... + full article



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