Debt Limit Relief, Labor Market Disbelief
Moody's Talks - Inside Economics
00:00
The Quits Rate and the Fed's Plan to Bring Down Inflation
The one statistic that really made me feel good was the quits rate, which ticked back down to 2.4%. The fact that it's coming down is practically where it was in 2019. It suggests that wage growth should start to ease in the next quarter. I would say 30% odds for this year and then 50 for next year.
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