16min chapter

Forward Guidance cover image

The U.S. Job Market Is On The Brink | Danielle DiMartino Booth

Forward Guidance

CHAPTER

Monetary Policy Under Pressure

This chapter explores the Federal Reserve's monetary policy, focusing on inflation metrics like the PCE index and the varying perspectives within the Federal Open Market Committee. It examines recent manufacturing data and job market trends to assess the health of the economy, while also addressing the influences of political pressures and internal fragmentation. The discussion highlights the complexities of economic indicators and the challenges the Fed faces in navigating a landscape marked by diverging viewpoints and regulatory reforms.

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