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Fed’s Kashkari says the labour market is showing some signs of slowing down

Minneapolis Fed President Neel Kashkari:

  • labour market is showing some signs of slowing down
  • inflation rate still not back to 2% target
  • there is persistent uncertainty over the economy
  • Fed must stay in wait and see mode to assess how economy responds to the uncertainty
  • the bond and equity markets are sending conflicting signals

This article was written by Eamonn Sheridan at www.forexlive.com.

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