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Fed’s Kugler: Jan jobs report shows US labor market is healthy

  • Jobs report shows neither weakening nor overheating
  • Recent progress on inflation is slow and uneven
  • Sees considerable uncertainty on economic effects of new policy proposals
  • Continued productivity gains would help Fed attain goals,
  • Will watch developments closely and assess data

This is yet-another victory lap and pledge to ‘wait and see’ from a Fed official. They’re all saying the same thing.

This article was written by Adam Button at www.forexlive.com.

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