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The Fed is 'worried that layoffs will increase sooner and faster than hiring,' says chief economist
cnbc.com/2025/10/29/why-the-fed-is-cutting-rates-even-as-prices-keep-rising.htmlThe Fed is loosening monetary policy to protect a slowing job market, even as prices continue to rise.
This story appeared on cnbc.com, 2025-10-29 18:06:44.