Jobs Report Throws a Curveball at Fed as War Raises Inflation Fears
Officials’ next decision on interest rates just got a lot more interesting.
The Marriner S. Eccles Federal Reserve building in Washington.
Photographer: Al Drago/Bloomberg
US employers unexpectedly cut jobs in February, according to Bureau of Labor Statistics data. Amara Omeokwe, who covers the Federal Reserve and US economy, writes about the key takeaways for policymakers, especially as Iran war developments ripple through the economy. Plus: How Canadians are adapting as they boycott American alcohol, and why a dirty soda chain is Going Viral (free link!). And a new episode of Everybody’s Business is live.
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