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Puzzling economic signals and confused markets

For the Federal Reserve to cut rates over the year, as the market is pricing, you not only need to get inflation down, but you need to have the US labour market to cool off as well. The jobs data point to a US labour market that is strengthening, not weakening

February 08, 2023 / 08:51 IST
There are puzzling economic signals, and after surging strongly in January and early February, markets are taking a puzzled breather
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