The Fed appears set to pause its rate hikes at its upcoming meeting. Thank goodness. Economic growth is fragile, the strong May payroll job gain notwithstanding. Hours worked are falling, so despite all the jobs, aggregate hours worked have gone nowh

Arindrajit Dube @arindube · Jun 4, 2023

Good thread. Agree with the key points: time for a pause.

Tweet Jun 4, 2023

by Mark Zandi

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