<ul><li>Prior was +6.3</li><li>Firm-level business activity +8.5 vs +10.3 prior</li><li>New orders -3.3 vs -8.6 prior</li><li>Full-time employment +7.6
Will aggressive policy tightening be the Fed's new mistake? Why analyze past mistakes when one can make new ones? Jay Powell has fired a starter pistol, launching a big monetary restriction race.
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