HomeMarketsIndicesStrong Labor Market Leaves Fed Room To Agressively Raise Rates
Strong Labor Market Leaves Fed Room To Agressively Raise Rates

The recent jobs report underlines upward pressure on wages and the Fed’s goal of reducing inflation, says John Worth. He and Steven Ricchiuto discuss the major takeaways from today’s jobs report. John notes that a strong labor market gives the Fed room to aggressively raise rates. Steven mentions that the Fed policy will need to get more restrictive. Tune in to find out more about the stock market today.

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07 Oct 2022

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