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Unhedged’s Rob Armstrong on a puzzling US economy

FT News Briefing

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Navigating the Complexities of a Shifting Economy

This chapter delves into the current challenges of the US economy, emphasizing the influence of recent jobs data on the Federal Reserve's interest rate policies. It highlights market resilience, the diverging trends between goods and services, and the effect of rising interest rates on sectors like housing, while considering the role of pandemic savings in consumer behavior.

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