Labor market nearing pre-pandemic conditions, Fed report says

📆 07-07-24 22:44:00
📰 FoxBusiness

⏱ Reading Time:
17 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 53%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The Federal Reserve said in a report to Congress that the U.S. jobs market is back in a 'tight but not overheated' situation that it was in prior to the onset of the COVID pandemic.

The Federal Reserve said Friday in a report to Congress that the U.S. labor market is back in the "tight but not overheated" situation it was in before the COVID pandemic threw the economy into disarray.

The report to Congress also included an essay on "Monetary Policy Independence, Transparency, and Accountability" that reiterated the central bank's "operational independence" to make interest rate decisions based on long-term economic considerations instead of short-term political influence.

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Fed officials are getting more concerned about the labor marketFederal Reserve (Fed) Chair Jerome Powell said recent data suggest that they’re getting back on a disinflationary path and that unexpected labor market weakening could prompt a policy reaction, BBH macro analysts note.
La source: FXStreetNews - 🏆 14. / 72 Lire la suite »