US labor market still boosting inflation, San Francisco Fed economists say

By Yahoo! Finance   |   1 year ago
US labor market still boosting inflation, San Francisco Fed economists say

Research by the San Francisco Federal Reserve shows that the U.S. labor market still contributes to inflation, though less than in previous years. The analysis of job openings to seekers ratio helps inform Fed policymakers on further rate cuts. Fed Chair Powell believes labor demand is now balanced with supply.

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