Will Strong November Jobs Data Silence Fed Dovishness?
December 5, 2022
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1:07Now PlayingWill Strong November Jobs Data Silence Fed Dovishness?
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as posted by the channelThe Fed’s longstanding hope for a moderation in labormarket demand again failed to materialize in November, with the number of jobs added and wage increases vastly outpacing estimates. While that’s great news for the economy and the consumer, it may put a damper on recent signals from the Fed that the pace of future rate hikes could be set to moderate. Presented by @cmegroup
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