David Gurley Jr. navigated a roller-coaster labor market with rapid wage gains but now facing a more stable outlook.
Federal Reserve is transitioning focus from controlling inflation to maintaining a strong job market, facing the challenge of balancing inflation and unemployment.
Central bankers are contemplating whether the labor market is entering a new phase or heading towards a decline, crucial for future Fed policies.
#post-pandemic-labor-market #federal-reserve-policy #unemployment #inflation-control #economic-outlook
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