The Dual Mandate of the Federal Reserve: Inflation vs Employment

Julie Su, US Acting Labor Secretary gives the Biden Administrations reaction to the August payrolls report. Following the jobs report, Randall Kroszner, Fmr. Fed Governor & University of Chicago Booth School Professor says we're seeing the kind of goldilocks scenario the Fed wants. Jeff Rosenberg, Blackrock Portfolio Manager of The Systematic Multi-Strategy Fund says the main message from the August jobs report is that the labor market is normalizing. Sarah Hunt, Alpine Saxon Woods Chief Market Strategist says the August jobs data was what the Fed was looking for.

Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance 

See omnystudio.com/listener for privacy information.