✉news BusinessBanking first seen 4 d ago, last 4 d ago, peak #36
Fed officials untroubled by low-hire, low-fire US labour market
Original: Low-hire, low-fire US labour market is no worry for Fed rate-setters
The US labour market has entered a low-hire, low-fire phase, with job creation and layoffs both subdued, and Federal Reserve rate-setters view this as no cause for alarm. Reporting by the Financial Times suggests policymakers see the cooling in hiring as a sign of stability rather than a signal of deterioration, keeping the focus on inflation rather than employment weakness.
Why now: Fresh commentary on the state of the US jobs market bears directly on expectations for Federal Reserve interest rate decisions.
Federal ReserveUnited StatesFinancial Times
Evidence
- Low-hire, low-fire US labour market is no worry for Fed rate-setters · Financial Times
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