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@ Yahoo! Finance - by layer3.news
2025-03-06 23:19:20
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✍️ The US economy may be slowing down while inflation remains high, a situation known as stagflation, as new data shows a decline in job creation and a weakening labor market.
👉 US employers cut back on hiring in February, the slowest pace since July
👉 New data shows a decline in job creation and a weakening labor market
👉 The Federal Reserve may not be able to cut interest rates to stimulate growth if inflation remains high
👉 The situation is concerning investors, who may be treating bad news as good news in hopes of a rate cut
#BobLang #ChrisGrisanti #DonaldTrump #politics
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