CoinWorld reports that, according to a tweet by Nick Timiraos of the “Federal Reserve mouthpiece,” Federal Reserve officials are facing the challenge of explaining the labor market’s new normal. San Francisco Fed President Daly noted that, today, adding 22,500 jobs per month may already be considered normal, but it is not easy to convey to the public the view that a zero-growth jobs economy and full employment can coexist. If geopolitical conflict triggers a new round of supply shocks, the labor market will lack buffer space, and inflation concerns could limit the Federal Reserve’s room to cut interest rates.