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29,000 Jobs, $100 Oil, and a Fed That Just Hiked: Inside the "Stagflation-Lite" Dilemma
The Fed raised rates in September to fight energy-driven inflation. Two weeks later, data showed just 29,000 jobs added. Here's why those facts pull the Fed in opposite directions, and what the Oct. 7 minutes, Oct. 14 CPI, and Oct. 28 decision could reveal.