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
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#2140b79c ver:1.13
The US Federal Reserve is grappling with conflicting signals from the job market as it considers interest rate cuts. Chair Jerome Powell says a weakening job market could lead to cuts, but rapid job growth and stagnant inflation may delay them. Measures like payroll gains and wage growth are delivering mixed messages, making it difficult to accurately assess the job market's strength. Powell is concerned about strong wage increases leading to inflationary pressures. #FederalReserve #JobMarket #InterestRates...
#newstr #FederalReserve #JobMarket #InterestRates #Inflation #UsLaborCosts
https://here.news/story/2140b79c?ver=1.13
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#2140b79c ver:1.13
The US Federal Reserve is grappling with conflicting signals from the job market as it considers interest rate cuts. Chair Jerome Powell says a weakening job market could lead to cuts, but rapid job growth and stagnant inflation may delay them. Measures like payroll gains and wage growth are delivering mixed messages, making it difficult to accurately assess the job market's strength. Powell is concerned about strong wage increases leading to inflationary pressures. #FederalReserve #JobMarket #InterestRates...
#newstr #FederalReserve #JobMarket #InterestRates #Inflation #UsLaborCosts
https://here.news/story/2140b79c?ver=1.13