The Fed’s steering the economy. When will it change course?
Update: 2024-08-22
Description
The U.S. economy added 800,000 fewer jobs than originally thought between the first quarter of last year and this year, according to updated data from the Labor Department. It’s no crisis, but it does mean the labor market has been cooling faster than expected. It’s yet another reason people will be dissecting every signal they can from the Federal Reserve on when it might cut interest rates. Also, startups are increasingly a target for spies.
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