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The Fed Is Looking for a Job Market Cool-Down. It Just Got One.

Wage growth and hiring slowed in April, prodding investors to slightly increase their bets on rate cuts this year.

Jeanna Smialek
Author: Jeanna Smialek

Written by

Jeanna Smialek

in

Federal Reserve System, Interest Rates, Labor and Jobs, Powell, Jerome H, United States Economy, Wages and Salaries
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