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Surveillance: Aggressive Cuts with Luzzetti

Bloomberg Surveillance

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The Fed's Progress in the Labor Market

"I would agree with Governor Waller's comments recently that over the past year, you've basically seen very little progress," he said. "We have modestly positive growth in Q3 ... but we have negative growth beginning in Q4 into the first half of next year." The Atlanta Fed wage growth tracker hasn't shown any progress in coming down, Boulden added.

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