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Slate Podcast Features AIER’s Rosalind Greenstein
We are honored that Slate’s new Panoply podcast series, 40/40 Vision, includes an interview with AIER’s director of research and education, Rosalind Greenstein.
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Jobs: What One Good Report Means
A blowout October Employment Report suggests the economy has regained momentum just in time for the holiday shopping season. Strong numbers across the board in the report sharply raises the likelihood of a Fed rate increase in December. However, one report does not necessarily mean the economy has moved to a significantly stronger growth trend. Growth is still likely to be moderate by historical standards, implying occasional periods of mixed economic reports may occur at times. These periods of mixed data will likely prompt the Fed to remain cautious during the process of policy normalization, implementing future rate hikes only at a very gradual pace.
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