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The New York Sun
Economy

Fed Hoping Friday’s Hiring Report Will Show Slowdown

Skeptics warn the Fed may be focusing excessively on the strength of the job market as other indicators indicate that the economy is weakening. The central bank might raise rates too far as a result, causing a deeper recession than might be needed to conquer inflation.

The Federal Reserve chairman, Jerome Powell, at the Capitol.
The Federal Reserve chairman, Jerome Powell, at the Capitol. AP/Manuel Balce Ceneta

Fed Hoping Friday’s Hiring Report Will Show Slowdown | The New York Sun