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‘Soft Landing’ Is Out. ‘Growth Recession’ Is In.

The Breakdown

00:00

Introduction

This morning w got the new jobs numbers. Job's data represents one of the key pieces of information for the fed as they determine how aggressive they're going to be about their plan to raise rates and tighten monetary policy. If jobs numbers came in soft, that might make them think that the impact of tighter monetary policy is finally working its way through the economy. If, on the other hand, data shows that the labor market remains tight with employment levels really high, this could be a signal that the fed could tighten even further.

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