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Analysis: Powell indicates that the Fed's top priority has shifted to supporting the labor market, and interest rate decisions will be determined by employment data

Internet reports that according to The Kobeissi Letter analyzed the significance of Federal Reserve Chairman Powell's speech today: "Today's speech shows that their top priority has shifted to supporting the labor market. Changes in the balance of risk may require policy adjustments, and he explicitly referred to the labor market. As a result, the jobs report will determine future interest rate cuts."

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