The president of the Federal Reserve Bank (FED) of Atlanta, Raphael Bostic, said Friday that the last round of employment data of non -agricultural payroll (NFP) of the USA. UU., Including revisions, it is undoubtedly a reason for conversation about fees in the Fed, but inflation indicators remain a constant concern, especially as the Trump administration increases even more tariffs.
Outstanding aspects
Employment data were significant, reviews were the most important story.
The labor market is slowing down from strong levels.
It is still necessary to determine what the hiring trend will be.
In this week, the greatest risk was in the front of inflation.
The risk in the work front may be entering a better balance with the risks of inflation.
Bostic does not believe that employment data has changed the interest rate decision of this week’s Fed.
In many ways, the labor market still looks good.
The problem seems to be the labor market in deceleration, it is not clear how much more weakness there will be.
Bostic still awaits a rate cut this year.
Open to change the perspective of the Fed if the data supports it.
We need to see how things evolve in the coming months.
Tariffs are not discarding as examples of textbook.
If the tariffs are successful, the Fed cannot simply ignore them.
It will take time for companies to adjust prices for the increase in tariffs.
We are in a very difficult environment at this time.
There are risks on both sides of the Fed mandate.
Active debate about how restrictive the Fed policy is at this time.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
