US hiring rose much more than expected last month, according to government data published Friday, increasing the chances that the Federal Reserve will remain on pause for longer as it
New York (CNN) — For all intents and purposes — and by most economists’ predictions — job growth was supposed to slow by now, as the pandemic recovery grew complete.
Federal Reserve officials have said countless times they take a “data-dependent approach” to their policy decisions. But what if the data isn’t as dependable as it once was?