🚨 POWELL: JOB RISKS ARE INCREASING
Fed Chair Jerome Powell warns that risks to the labor market have increased, and the Fed's recent policy moves are designed to:
• Stabilize the job market,
• Reduce the mounting inflationary pressures,
• And keep growth from slipping into a deep recession.$LINK
He emphasized that the Fed is shifting to a more "job protection" stance, amid recent data suggesting that the labor market is weakening faster than expected.$ASTER
⚠️ The Fed is concerned about jobs — and the market is listening very closely.
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