“The labor market, which is especially important for inflation … shows only tentative signs of rebalancing and wage growth remains well above levels that were consistent with 2% inflation over time,” Fed Chair Jay Powell said during an event at the Brookings Institution in Washington, D.C., on Wednesday. “So despite some promising developments, we have a long way to go in restoring price stability.”

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• Source: https://www.coindesk.com/markets/2022/12/02/bitcoin-as-us-economy-added-jobs-in-november/?utm_medium=referral&utm_source=rss&utm_campaign=headlines