Economic activity strong but job market is weak

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The US labour market remained mired in its low-hiring, low-firing doldrums through September, though the economy “may be on a somewhat firmer trajectory than expected,” Federal Reserve (Fed) chair Jerome Powell says, noting that policymakers will take a “meeting-by-meeting” approach to interest rate cuts as they balance job market weakness with above-target inflation. Read full story

Date: 16 October, 2025 7:01 am
Source: thestar.com.my

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