Fed’s Paulson Sees More Risks to Labor Than Inflation
Market Intelligence Analysis
AI-PoweredFederal Reserve Bank of Philadelphia President Anna Paulson is more concerned about a labor market downturn than inflation, despite expecting inflation to cool next year.
Market impact analysis based on bearish sentiment with 75% confidence.
Article Context
Federal Reserve Bank of Philadelphia President Anna Paulson expects inflation to cool next year but warned there is a risk of a further downturn in the labor market. Paulson said Friday in Delaware, “On net, I am still a little more concerned about labor market weakness than about upside risks to inflation.” (Source: Bloomberg)
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