Today news
About the same in other media
The Fed’s Problem With the Job Market
Reading now: 332
Federal Reserve officials worry that rising wages will lock the economy into a high-inflation regime. The question facing policy makers is how much of a risk of that happening there actually is.
Fed policy makers seem all but certain to raise their target range on overnight rates by three-quarters of a percentage point when they meet this week, but the focus has already moved to what they will do next. On the one hand, inflation is still running hot, with the Fed’s preferred measure of inflation showing consumer prices were 6.2% higher than a year earlier as of September. It isn’t as bad as the 7% logged in July, but it hasn’t eased as quickly as either the Fed or private economists expected. So maybe the Fed should keep pumping the brakes.
Read more on wsj.comAbout this in other media
Six ways to make money while cryptos remain in a bear market moneycontrol.com /2 years ago
U.S. Job Openings Rose in September in a Still-Tight Labor Market wsj.com /2 years ago
U.S. Job Openings Rose in September in a Still-Tight Labor Market wsj.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
