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Federal Reserve Governor Paul Waller: If labor demand continues to decrease, we will start to see more unemployment

Mr. Waller, the Fed governor, said that if labour demand continued to fall, it would start to see more job losses; that the view of "gradual" rate cuts "your mileage may vary"; and that adjusting policy rates based on the election outcome was problematic.

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2024-10-14 19:53:12
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