"“If today’s report is a harbinger of continued consumer spending the Fed may have to issue a considerably more hawkish message and telegraph that they still cannot declare victory on their campaign to quell inflation,” LPL Financial’s chief economist Quincy Krosby explained, arguing “the Fed has been stymied by better than expected data releases.”"
Read this story from "Fortune" for free without being tracked.
#unemployment #rate #interest #rates #Fed #USLabor #BureauOf