Some Signs Indicate Federal Reserve Is Already Behind the Curve on Lifting Rates: Deutsche Bank

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Yes, the latest jobs data may look disappointing, but leisure and transportation sectors give reason for cheer

After recent supply chain difficulties, is there smooth sailing ahead? Spencer Platt/Getty ImagesOn first glance, October’s jobs report may not be anything to cheer about. Released on Oct. 8, 2021, it shows that just 194,000 jobs were added in the month – well short of the 400,000-plus figure that many economists had predicted. But when you delve deeper, the latest employment data shows encouraging signs for the future of the U.S. economy. Yes, job creation does appear to be slowing down. And th

Source: https://finance.yahoo.com/m/ab6819c6-e78b-39aa-96fb-dca8179da88c/some-signs-indicate-federal.html