Why the Fed wants a good inflation report — but not a good jobs report | CNN Business

On the job market, indications like the latest jobs report — which showed that fewer Americans are getting hired — can be interpreted as bad news. It could mean that it will be harder for unemployed Americans to find work, or that layoffs could be ahead. On inflation, good news for the average American is stable prices. So if economists’ forecasts are correct — that the Consumer Price Index data due on Wednesday will show the annual inflation rate falling from 4% in May to 3.

The job market we’ve seen post-pandemic is not sustainable, he said. What’s good news for investors Investors are searching for signs that the Federal Reserve will stop hiking interest rates, or better yet, cut them. But, after pausing interest rates last month, and with inflation at nearly double the Fed’s 2% target, the central bank doesn’t seem ready to take its foot off the brake just yet.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Fed plans to boost US banks' reserve requirements; industry gripesThe Federal Reserve's top regulatory official laid out a sweeping plan to increase capital requirements for the nation's largest banks in the wake of recent bank failures, a move that was immediately met with criticism from the industry.
Fuente: Reuters - 🏆 2. / 97 Leer más »