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U.S. economy adds more jobs in face of inflation and interest rate hikes

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The latest jobs report shows the labor market remains strong despite rising interest rates. That's good news for workers but it complicates the Federal Reserve's efforts to curb inflation. Economics Correspondent Paul Solman looks at the connections between the labor market, wages and inflation and how they will inform the Fed's next moves.

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Category
U.S. & Canada
Tags
consumer prices, economy, federal reserve
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