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How can the Fed justify bringing interest rates down again?

Blowout job growth in February creates jobs, hope … and complications. The Labor Department announced there were an astoundingly large 273,000 new jobs created in February. That was almost 100,000 more than the “experts” were predicting. Even better, job gains for December and January were revised upward by 85,000. Jeez, that’s wonderful. And Trump should be doing jigs, except that the coronavirus and other distractions are probably keeping him too busy for dancing. The big complication comes for the Fed, which is expected to cut rates again next week. So how can the Fed justify bringing interest rates down to near zero — again — when the economy seems to be doing super? In fact, the Atlanta Fed bank raised its first-quar ...
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