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what does it mean for the fed? the fed has been trying to cool it down. we saw wages grow 4.3%. a little bit cooler, but still pretty warm here. it might mean the fed still has more work to do to make sure that you a don t have inflation percolating in in economy. a great point because two of the bright spots the labor market and consumer spending and the relationship between the labor market powering consumer spending. that s why i think the consumer has been able to weather all of these worries about inflation because the jobs are still plentiful here. that s just bottom line, present. jobs. we know earlier this week, look, small businesses are leading a lot of this hiring because some of the big companies have sort of paused their hiring plans. that makes the small businesses for the first time in a long time more competitive and able to get workers. which great, too, because you that competitive small business. absolutely. we talk about building up small businesses. wins

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