Dec 12
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And Jan Szilagyi, CEO of financial insights firm Toggle AI, said the recent data indeed paints a picture of a cooling economy, but doesn't necessarily mean good news in policymakers' view.
"Pace of job growth is still way above the speed limit," Szilagyi said. "So for now the economy isn't anywhere near the kind of 'benign job growth' the Fed wants to see."
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Dec 12
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