Standard & Poor's believes that the cooling job market, along with progress in inflation, is sufficient for the Federal Reserve to start easing restrictive monetary policy. At the same time, Standard & Poor's attributes the slowdown in the labor market to normalization rather than an impending economic downturn.
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Standard & Poor's believes that the cooling job market, along with progress in inflation, is sufficient for the Federal Reserve to start easing restrictive monetary policy. At the same time, Standard & Poor's attributes the slowdown in the labor market to normalization rather than an impending economic downturn.