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FedSpeak: The Death of Forward Guidance

MNI FedSpeak Podcasts

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Is the US in a Recession?

There was a little bit of a shift at we don't know if it was accidental, or if he's actually tryingt to pull back a little bit. But as you say, there's a lot of concern that the effects might be disproportionate, depending on how financial markets react. And top of that list is the labor market. We've had an monthly average of 375 thousand new jobs every month for the last three months. It indicates that demand is really strong. That also points to the fact that the economy is still on track to grow this year.

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