Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Federal Reserve Faces Discrepancy Between Job Market Narrative and Wage Data ...
US Federal Reserve Faces Discrepancy Between Job Market Narrative and Wage Data
===============
#2140b79c ver:1.14
The US Federal Reserve is grappling with conflicting signals from the job market. Chair Jerome Powell considers a weakening job market as a reason to cut interest rates, while rapid job growth and stagnant inflation could delay rate cuts. The challenge lies in accurately assessing the strength of the job market in real time. Measures like payroll gains, wage growth, job openings, and hiring expectations are delivering mixed messages. The April employment report is expected to shed light on the situation. #FederalReserve #JobMarket #InterestRates...
#newstr #FederalReserve #InterestRates #JobsReport #Inflation
https://here.news/story/2140b79c?ver=1.14
===============
#2140b79c ver:1.14
The US Federal Reserve is grappling with conflicting signals from the job market. Chair Jerome Powell considers a weakening job market as a reason to cut interest rates, while rapid job growth and stagnant inflation could delay rate cuts. The challenge lies in accurately assessing the strength of the job market in real time. Measures like payroll gains, wage growth, job openings, and hiring expectations are delivering mixed messages. The April employment report is expected to shed light on the situation. #FederalReserve #JobMarket #InterestRates...
#newstr #FederalReserve #InterestRates #JobsReport #Inflation
https://here.news/story/2140b79c?ver=1.14