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Fed Chair Powell Signals Economic Resilience Amid Stagnant Labor Market
Financial MarketsJerome PowellUpdated 7 hours ago

Fed Chair Powell Signals Economic Resilience Amid Stagnant Labor Market

Federal Reserve Chair Jerome Powell has expressed cautious optimism about the U.S. economy, stating it is on a firmer trajectory despite low hiring and firing trends. While this suggests potential for stability and growth, concerns remain regarding the stagnant labor market, which could impact job creation and wage growth. Powell's insights may influence future monetary policy and consumer confidence.

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