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The economy's soft landing is suddenly in question

The unemployment rate jumped unexpectedly in July, leading some economists to wonder if the Federal Reserve has waited too long to cut interest rates.

By: Business Insider

Aug 04 2024
7
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The economy's soft landing is suddenly in question

Getty Images; Chelsea Jia Feng/BI

For months, it looked like the economy was in for a soft landing, as inflation slowed and job growth stayed strong.
The latest jobs report threw all… [+4909 chars]

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NI lags behind rest of UK for Real Living Wage