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Fed Job Index a Year Away From Normalcy
The Wall Street Journal's Daily Report on Global Central Banks for Friday, August 28, 2014 Sign up for the newsletter: http://on.wsj.com/grandcentralsignup An index of labor market conditions watched by Federal Reserve Chairwoman Janet Yellen is on track to return to long-term norms in the second half of 2015 about when many Fed officials say they expect to start raising short-term interest rates.
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