💨 Abstract

As Federal Reserve policymakers prepare for their annual conference in Jackson, Wyoming, and a critical policy meeting in September, they face a central dilemma: whether to prioritize addressing stubborn inflation or slower hiring. Recent weak job gains have led some officials to consider a rate cut, while others remain concerned about inflation. A crucial jobs report and an inflation report before the September 16-17 meeting will heavily influence their decision.

Courtesy: WTOP Staff