Wednesday, April 23, 2025
39.0°F

An unexpected job surge confounds the Fed's economic models

by CHRISTOPHER RUGABER AP Economics Writer
| February 4, 2023 12:00 AM

WASHINGTON (AP) — Does the Federal Reserve have it wrong?

For months, the Fed has been warily watching the U.S. economy's robust job gains out of concern that employers, desperate to hire, would keep boosting pay and, in turn, keep inflation high...

Support Local News

You have read all of your free articles this month. Select a plan below to start your subscription today.

Already a subscriber? Login

Daily Inter Lake - everything
Print delivery, e-edition and unlimited website access
  • $26.24 per month
Buy
Daily Inter Lake - unlimited website access

  • $9.95 per month
Buy
CLICK HERE FOR E-EDITION OPTION, $16.10 PER MONTH