The Fed's fight against inflation could cost the US 1.2 million jobs

In its efforts to bring down historic inflation and cool the economy, the Federal Reserve has used multiple euphemisms to describe the potential impact on Americans’ jobs, from economic “pain” to “unfortunate costs” and a “softening labor market.”

(SOURCE) https://www.cnn.com/2022/09/23/economy/powell-fed-labor-market/index.html

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