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To: Bishop_Malachi

Wage growth has been a persistent concern of the Fed, so the answer to your second question is “yes.”


27 posted on 06/07/2024 6:25:46 AM PDT by Miami Rebel
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To: All

A guy above is correct.

If these numbers were corrupt, they would have been presented in the other direction.

The Fed cutting interest rates is the signal of victory over inflation — but the Fed won’t do that if job growth is robust. The Administration would much more prefer to announce victory over inflation than a weekly uptick in jobs.


35 posted on 06/07/2024 7:00:27 AM PDT by Owen (.)
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