- We have been shocked on the upside this 12 months with progress
- Inflation continues to be well-above goal however transferring in the suitable path
- Individuals who dropped out of the labor market within the pandemic got here again in 2023 and we had extra immigration
- We predict the suitable factor to do proper now’s to maneuver rigorously
- Will probably be awhile earlier than we perceive how AI impacts the economic system and whether or not it provides to jobs or displaces them
- So long as unemployment stays low with wages rising, some spending will proceed
Powell was requested about vacation get together plans and stated “For me a big, big party, as good as it gets, is a really good inflation report.”
This text was written by Adam Button at www.forexlive.com.
