How much more the Federal Reserve raises interest rates this year will hinge on the strength of the economy — particularly the labor market.
Tag: Inflation (Economics)
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Why a Strong Jobs Report Could Rattle the Stock Market
Economists have forecast that employers created 225,000 jobs last month. A bigger-than-expected number could complicate the Federal Reserve’s efforts to tame inflation.
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Fed Rate Increases Hinge on Strength of Jobs and Economy
How much more the Federal Reserve raises interest rates this year will hinge on the strength of the economy — particularly the labor market.
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Job Openings Dipped in May, a Sign of Continued Cooling
Hiring was largely unchanged, and the number of workers quitting their jobs increased. The data will be watched closely by Federal Reserve policymakers.
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Fed Officials Were Wary About Slow Inflation Progress at June Meeting
Federal Reserve officials are debating how high to raise interest rates to fully wrangle inflation. The debate was in focus at their meeting last month.