Analysis: Jobs Report Should Keep Fed on Course for Gradual Rate Rises

Mony
29
0

The solid March employment report suggests the economy is strong but not gathering too much steam, leaving the Federal Reserve on course to continue gradually raising interest rates to keep it from overheating.

As the labor market has improved in recent years, Fed officials have been lifting borrowing costs to ensure it doesn’t tighten so much that it fuels excessive inflation. If they saw that risk rising, they could move more aggressively than anticipated.

Facebook Comments

POST A COMMENT.