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Federal Reserve's Hamak: Non-farm payrolls report "slightly outdated" but in line with expectations

2025-11-20 15:21

Odaily Planet Daily reports that Federal Reserve Chairman Hamak stated the non-farm payroll report was "slightly outdated" but in line with expectations. The employment data appeared somewhat mixed, highlighting the challenges facing monetary policy and providing a fairly clear understanding of the current state of inflation. Anecdotal reports still indicate that hiring and layoff rates are low, suggesting a certain degree of weakening in inflation-related demand. (Golden Ten)