3min chapter

Forward Guidance cover image

There Are No Doves Left At The Federal Reserve | Nick Timiraos

Forward Guidance

CHAPTER

Will the Fed Pivot Cause Stress in the Labor Market?

Will it likely be stress in the labor market that causes a Fed pivot rather than some other piece of data? I don't know the answer, but I wouldn't expect to see. They've said they want to see a slowdown in inflation. And so, you know, fact that the economy was, they were wrong footed last year.

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