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CEA Chair Phelan on Jobs Report, Inflation, Gas Prices

Source: Bloomberg

Economic DataInflationInterest Rates & YieldsEnergy Markets & Prices

Chris Phelan called the August payrolls report a “blowout” and said the U.S. labor market remains strong, with implications for near-term inflation and interest-rate expectations. He also highlighted energy prices as a key factor for inflation dynamics.

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