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The Fed's biggest fear has always been having to choose between fighting inflation and protecting jobs. Friday's employment report brought that dilemma a step closer

By WSJ March 06, 2026 Bearish
The Fed's biggest fear has always been having to choose between fighting inflation and protecting jobs. Friday's employment report brought that dilemma a step closer
A softening labor market and rising energy prices are pulling the central bank in opposite directions.
A softening labor market and rising energy prices are pulling the central bank in opposite directions.