96. GDP Down, Rate Cuts Delayed & CRE on Ice – What’s the Fed Waiting For?
Drunk Real Estate
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Navigating Job Growth and Economic Data
This chapter explores the Federal Reserve's decision to maintain interest rates in light of recent job creation statistics and economic uncertainties. It critically examines the reliability of employment data, the challenges in interpreting job growth across various sectors, and the effects of external factors like the COVID-19 pandemic. The discussion emphasizes the complexities of aligning job numbers with population growth and the implications for the wider economy.
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