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Strong hiring hints at more work ahead for the Fed, but wages cool.

The New York Times – Business:

The Fed is tracking incoming labor figures as it decides how high interest rates need to go and how long they should stay elevated.

Jeanna Smialek
Author: Jeanna Smialek

This post first appeared in The New York Times – Business. Read the original article.

Written by

Jeanna Smialek

in

Federal Reserve System, Inflation (Economics), Interest Rates, Labor and Jobs, Powell, Jerome H, Prices (Fares, Fees and Rates), United States Economy, Wages and Salaries
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