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Transcripts For BBCNEWS Verified 20240703

The one hand the Labour Market is very strong, and you pointed to the jobs report from friday, unemployment is down and wage growth is up and it is a very unique moment, we have seen unemployment below li for 26 straight months, the longer stretch we have ever seen that since the 1960s, it is remarkable, and the fed looking at these data could see this as an area where a Softening Job Market could do some of the work for them and thatis do some of the work for them and that is in terms of stabilising prices and remember that all of these elements of the economy are linked. We have seen prices continue to creep and people are feeding that in their wallets and in their household budgets, so whilst the fed can rest assure the Labour Market look strong, the question is on how to bring the price is down to the 2 inflation ....

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