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DOJ Not Reopening Probe Into Powell, US Hiring Slows, More

Source: Bloomberg

Economic DataRegulation & LegislationMonetary Policy
DOJ Not Reopening Probe Into Powell, US Hiring Slows, More

Bloomberg News reports that the US Justice Department is not reopening its probe involving Federal Reserve Chair Jerome Powell, while US hiring is slowing. The slower employment backdrop may reinforce concerns over cooling labor-market momentum and could influence expectations for Federal Reserve policy.

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