Fed Prioritizes Labor Mandate Over Inflation Amid Economic Climate

Reported about 22 hours ago

Economists discuss the implications of July's Producer Price Index data, which raised concerns about inflation. Chris Watling emphasizes that employment and economic growth should take precedence over inflation in the Federal Reserve's decision-making process. Despite some weakness in the labor market, Stephanie Roth suggests a potential stabilizing trend, raising questions about the likelihood of a September rate cut.

Source: YAHOO

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