MarketWatch
US · 41 mins ago
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The blowout jobs report is bad news for stocks — but it shouldn’t force the Fed’s hand on interest rates
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A strong jobs report presents mixed signals for financial markets and Federal Reserve policy, with the argument that further rate increases could harm productive investment needed to combat inflation rather than help it.
The blowout jobs report is bad news for stocks — but it shouldn’t force the Fed’s hand on interest rates
Rate hikes now will choke off the critical investments needed to lower prices.
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