💨 Abstract

Maryland has adopted new math education standards. Simultaneously, the Federal Reserve kept interest rates unchanged, extending a wait-and-see approach. However, recent labor market data revealed weakness, with job growth slowing and unemployment rising. The Fed's decision drew internal dissent, with some members citing labor market fragility. While the recent data sparked concerns, some Fed officials maintain confidence in the decision. Overall, the recent labor data highlighted the caution the Fed faces in balancing inflation and employment.

Courtesy: WTOP Staff