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Federal Reserve's Bostic: Labor market has slowed, but it doesn't appear weak or vulnerable

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2024-10-08 22:51:26
Mr. Bostic said the labour market had slowed but did not appear weak or weak; the economy was close to the Fed's target and "edging closer"; inflation remained well above 2 per cent; the risk that the economy was too strong could hinder policy readjustment; and there remained a strong focus on the inflation target but also on labour market conditions.
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