Surveillance: Inflation Target with Slok
Bloomberg Surveillance
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The Fed's Dual Mandatory on the Labor Market
Average early earnings last Friday went up and this labor market obviously in jobless claims still looking relatively tight. We're already seeing that across all indicators and we should expect that also to happen over the coming quarters. The debate for the Fed is probably, well, do we need to soften the labor market? As you know, different FOMC members are putting different weight on this.
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