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Bloomberg Wealth: Strong Economy Is Bad News for Fed’s Inflation Fight

The Fed wants to see indications that the economy is cooling before it slows down its rate hikes.

The Fed wants to see indications that the economy is cooling before it slows down its rate hikes.

Photographer: Michael Nagle/Bloomberg

Consumer confidence is increasing, job openings are rising and unemployment claims are declining. 

That’s all good news, right?