Surveillance: US Jobs Data Gives Mixed Signals
Bloomberg Surveillance
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Is There Evidence of a Wage Price Spirale?
There is evidence, certainly, when you look at various things, that there's a very high risk of that happening. And the Fed definitely needs to, you know, to rein that in as best as it can using very blunt tools. It's if they were in an extraordinary week, and particularly coming from that bizarre Fed meeting and press conference in an extraordinary year into an election.
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