✉news BusinessEconomy first seen 13 h ago, last 12 h ago, peak #37
Labor Market Strong Enough for Fed to Focus on Inflation
The Conference Board says the US labor market remains strong enough for the Federal Reserve to shift its attention toward fighting inflation. The assessment suggests employment conditions are resilient enough to withstand tighter monetary policy, reducing the trade-off between supporting jobs and bringing prices under control.
Why now: Markets and policymakers are weighing what the strong jobs picture means for upcoming Fed interest rate decisions.
Federal ReserveThe Conference Board
Evidence
- Labor Market Strong Enough for Fed to Focus on Inflation · The Conference Board
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