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Felix Prehn - FED just admitted the TRUTH about inflation + Stock Market News 10 July 2024
Can Jerome Powell's recent testimony hint at an economic shift that could impact your wallet? We unpack Powell’s significant change in tone regarding inflation and the cooling labor market, suggesting potential interest rate cuts to boost employment. We also scrutinize the balancing act between job openings and unemployed workers, and what rising job cuts in construction might signal for the economy. Don't miss our discussion on the political landscape as we consider Biden’s potential re-election bid and the critical upcoming inflation data that could reshape future policies.
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