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Why's It So Hard To Predict A Recession?

Big Take

00:00

Is the Fed Trying to Cool the Jobs Market?

I think we've started 2023 on quite a stronger footing than perhaps anticipated at the end of last year. The tight labor market means workers have been able to demand higher pay and other benefits. If inflation comes down and demand is supported, the Federal Reserve feels it can take its foot off the break.

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