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• Why worry about a soft landing when you can just keep flying? That’s the message from a U.S. jobs report that’s likely to raise the Atlanta Fed’s GDP estimate so far from its already above-trend 2.7%. With the labor market so resilient and inflation only slowly coming down, markets may wonder why the Fed is easing at all. A reading above 0.2% for core consumer prices on Wednesday could persuade futures to start giving up on even one decline this year.
• US Labor Market Was Much Better Than Expected- Unemployment Rate 4.1% (expected 4.2%, prior 4.2%)- Nonfarm Payrolls...
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