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ADP Chief Economist: If inflation picks up, it won't be because of the labor market

Bitget2024/07/31 12:24

ADP Chief Economist Nela Richardson commented on the US ADP that the labor market is cooperating with the Fed's efforts to slow economic growth as wage growth slows. If inflation picks up, it won't be because of the labor market.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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