The numbers seem to be going in the ‘right’ direction for the Fed to pull off a soft landing – and avoid a recession – but the picture remains murky.
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Articles on US unemployment
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The Fed’s campaign of rate hikes is showing more signs of having the intended effect of slowing the economy – but that may be bad news for those who lose their jobs or have a harder time finding one.
The Fed has been trying to tame employment and wages to keep inflation in check. It ain’t working.
Although many say the economic outlook for next year appears bleak, there is room for optimism.
