Economist questions whether US labor market is really cooling

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Steven Ricchiuto Nachrichten

Labor Market,Chief Economist,Market Domination

The US labor market and key inflation data have been in a back-and-forth cycle over which will ease up first, leading to cooling inflation. To talk more...

The US labor market and key inflation data have been in a back-and-forth cycle over which will ease up first, leading to cooling inflation. To talk more about key economic data, Mizuho US chief economist Steven Ricchiuto sits down with Market Domination to ask the real question:"Is the cooling really real?"

Uh Yeah, there has been some cooling, but we have to ask yourself a question is the cooling really real.We've seen the participation rate rise and we've seen the household employment numbers really stagnate. I'm curious how you're thinking about it and its potential effect on the economy or are you kind of waiting until we get closer to start to frame that out?

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