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Federal Reserve's Daly: The current situation appears to be "unstable"
GateNews
Odaily Planet Daily reports that Federal Reserve’s Daly stated that the Federal Reserve must balance the dual risks of its responsibilities. The current situation appears “unstable,” with an environment of low hiring and low layoffs that could persist or quickly shift to no hiring and more layoffs in the labor market. Businesses are cautiously optimistic, while workers are less certain. (Jin10)
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