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Jobs Surge as Fed Eyes Inflation | Honduras News
Employers added a stunning 162,000 jobs in August—more than double forecasts—driven by a boom in food services and a surge in education hiring as schools reopen. The unemployment rate held steady at 4.1%, but the real story is how this explosive job growth could pressure the Fed to raise rates at their next meeting. With inflation still above target, the central bank’s focus remains squarely on price stability, and their decision will hinge heavily on the upcoming CPI report. Strong hiring is good news for workers—but not enough to shift the Fed’s inflation-first strategy. Listen in…
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