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https://www.nytimes.com/2026/08/07/business/economy/jobs-report-interest-rates-fed.html?utm_source=bluesky&utm_medium=social&utm_campaign=sef_studio-mmtaction (nytimes.com)
The Fed controls rates by fiat, not by jobs data. Weak employment just means rate hikes will hurt more people. Inflation is a real-resource problem, not a financial one.