Labor market 'complicating Fed's goal': Economist explains

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US Bureau Of Labor Statistics News

Labor Market,Dana Peterson,Interest Rates

If the Federal Reserve cuts interest rates in September, what kind of immediate impacts will this have on the US economy and the labor market? The US Bureau ...

what kind of immediate impacts will this have on the US economy and the labor market? The US Bureau of Labor Statistics is scheduled to release July's jobs data this Friday, August 2.

Um, unfortunately, higher wages, um, is feeding into inflation and complicating the fed's goal in terms of getting back to 2% such that they can lower interest rates to give consumers a break. Certainly with respect to the amount of debt they've been piling up and the interest costs that have been accumulating with it.Texas Roadhouse eyes buy point, record high after trading tightly the past several weeks. Shares spiked 43% this year amid mixed restaurant performance.A trial is set to begin Wednesday for former Colorado county clerk Tina Peters, a hero to election conspiracy theorists who is accused of orchestrating a breach of election security equipment.

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