Fed's Powell: policymakers noted 'artificially high' jobs data, revisions in rate cut decision - Fox Business

Federal Reserve Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when assessing the health of the labor market ahead of their rate cut decision.

By: Fox Business

Sep 20 2024
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Federal Reserve Chair Jerome Powell said Wednesday that the central bank considered reports that recent jobs numbers may be "artificially high" and are set for downward revisions when policymakers … [+3304 chars]

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