Fed's Hammack: something is changing in the labor market

Fed's Hammack: something is changing in the labor market

• Fed's Hammack: job market is still a low hiring, low firing environment.
• Fed's Hammack: sees fragility in job market data.
• Fed's Hammack: expects 2% inflation in 2027.
• Fed's Hammack: right now is challenging for Fed, being challenged on both mandates.
  
  

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