Oct. 8, 2021

Is The Labor ”Glass” Half Empty?

The importance of today's job numbers is that it will confirm the Federal Reserve's goal of tapering the stimulus program. If the labor market is strong, goes the reasoning, then reducing the Fed's monthly bond purchases would be in order.

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The importance of today's job numbers is that it will confirm the Federal Reserve's goal of tapering the stimulus program. If the labor market is strong, goes the reasoning, then reducing the Fed's monthly bond purchases would be in order.