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Surveillance: US Hiring Tops Forecasts

Bloomberg Surveillance

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The Immaculate Disinflation Report, Randall Krosner

Randall Krosner: Why does the Fed want unemployment? He says it's not that the Fed wants fewer jobs, but just lower wage growth because they're worried about persistent inflation. This is one of those new theories we were talking about before that the Fed is putting forward,. It would love to see this happen without a significant increase in the unemployment rate.

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