Jerome Powell’s reign at the Fed may be at its end, but he’s not going anywhere.  On Wednesday, the Federal Reserve held interest rates steady at its April Federal Open Market Committee (FOMC) meeting, leaving the federal funds rate unchanged at a rate of 3.5%-3.75% for the third straight month since December’s quarter-point cut.  And…

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Private sector employment increased by 22,000 jobs in January and pay was up 4.5% year-over-year, according to the January ADP National Employment Report, produced by ADP Research in collaboration with the Stanford Digital Economy Lab (“Stanford Lab”).  The report is an independent measure of the labor market based on the anonymized weekly payroll data of…

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