WSJ Timiraos, "Friday’s jobs report does little to clarify the Federal Reserve’s debate over whether to hold rates steady this month. But it underscores the prospect that, if officials do so, they could favor raising rates later this summer."
- A continuing strong labour market could lead officials to hike rates higher than anticipated.
- Officials who already favoured a rate hike in June are likely to be more convinced of the need.
- But some who have argued that the Fed should slow down hikes to study the effects of past moves, could still lean toward skipping a June hike and moving rates up in July if economic activity remains solid.
Via WSJ
02 Jun 2023 - 16:37- Fixed IncomeImportant- Source: WSJ
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