Timiraos Says Fed Focus Is Shifting From Labor to Inflation

Nick Timiraos said the Federal Reserve’s policy focus is shifting from the labor market to inflation. Timiraos said strong April non-farm payroll data weakened the case for an interest rate cut, while tariffs and the war in Iran are adding upward pressure to inflation.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin