Inflation Actually Went UP! But the Economy? You Need To See This

US Jobs Report Is Set to Provide Some Solace to the Fed Labor market is continuing to show signs of cooling down Inflation in euro zone and Australia, Chinese PMIs due US employers are gradually dialing back the pace of hiring and hourly earnings are moderating, offering some solace to Federal Reserve policymakers in their bid to wrangle still-elevated inflation. For investors, though, economic data and monetary policy have taken a back seat to negotiations on the federal debt ceiling that are stretching into the final days before the US government risks defaulting. While lawmakers have narrowed differences, a final deal has yet to be struck.

TOPICS AND TIMESTAMPS:
Jobs and Economy 0:00
China Relations Improve? 7:03

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#money #inflation #investing #economy #business