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Fed Collins: September employment data is mixed, with new jobs exceeding expectations.
On November 22, Fed's Collins stated that no decision has been made regarding the December FOMC meeting. The employment data for September was mixed, with new jobs exceeding expectations. It is appropriate for the Fed to end its balance sheet reduction. The Fed's policy is “somewhat tight,” which aligns with the current economic conditions. It is a complex time for the Fed, and differing policy views are not surprising. ( Jin10 )