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The Fed’s path to a ‘Goldilocks’ economy just got a little more complicated

The Fed's path to a 'Goldilocks' economy just got a little more complicated

A ‘help wanted’ sign is displayed in a window of a store in Manhattan on December 02, 2022 in New York City. 

Spencer Platt | Getty Images

As far as jobs reports go, November’s wasn’t exactly what the Federal Reserve was looking for.

A higher-than-expected payrolls number and a hot wage reading that was twice what Wall Street had forecast only add to the delicate tightrope walk the Fed has to navigate.

In normal times, a strong jobs market and…


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Family members visit the legendary Pele on December 24 at the Sao Paulo hospital where he is suffering from worsening cancer.

Pele’s family gather at his hospital bedside on Christmas Eve

Rishi Sunak criticised after 'excruciating' exchange with homeless man at shelter

Rishi Sunak criticised after ‘excruciating’ exchange with homeless man at shelter