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Is the job report good or bad news? November 2, 2022

Is the job report good or bad news? November 2, 2022

Episode 95 Published 3 years, 10 months ago
Description

Investors thought that the pivot to a dovish policy was reached on Wednesday, when Fed chair Jerome Powell signaled that the central bank would go for a smaller rate hike in December. However, job data released today ruined the mood.

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