Fed Governor Bowman: Price Stability Mandate Faces Greater Risks, Though Labour Market Conditions Could Worsen
Fed Governor Bowman sees greater risks to the price stability mandate, although labour market conditions could deteriorate. The economy is strong, the labour market is near full employment and inflation is high. After accounting for hurricanes, the Boeing strike, and low response rates to surveys, nonfarm payrolls for October are expected to grow at recent averages.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Multiple tokens experience a surge followed by a pullback, DEXE hits a new low today
Next Week's Macro Outlook: The Fed's Defining Week! The Federal Reserve Faces the "Ultimate Showdown"
Trending news
MoreCrypto prices
More
