Fed Challenges Ahead: Labor Market, Inflation, And Consumer Momentum

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Lindsey Piegza, Chief Economist of Stifel Financial, sits down with us at the Investment Masters Symposium in Las Vegas to discuss the current economic outlook and the Federal Reserve's actions. She mentions there is optimism about avoiding a significant downturn in the labor market despite potential rate increases. But there are also signs of uncertainty and potential challenges ahead, especially if consumer momentum continues to weaken.

Lindsey highlights the Fed's goal of achieving price stability, suggesting it might continue its efforts with one or two rate hikes by the end of the year — and noting that while there has been progress on the inflation front, the targeted 2% inflation level hasn't been reached. She also touches on employment data, acknowledging that hiring has cooled somewhat, but that hundreds of thousands of Americans are still finding jobs each month. Finally, Lindsey addresses potential scenarios related to credit conditions that could influence policy decisions.

Video Length: 00:04:00

 


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