Powell: Data Shows Economy is Expanding at a Moderate Pace, Labor Demand has Eased

By: theblockbeats.news|2025/12/10 19:45:54
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BlockBeats News, December 11th, Federal Reserve Chair Powell stated that data shows the economy is expanding at a moderate pace. September labor market data showed a slight increase in the unemployment rate, with significant slowdown in job growth. Labor demand has markedly weakened.

Labor market dynamics have weakened, showing some softness.

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