Premarket stocks: Does the Fed have the labor market all wrong?
The labor market just won’t quit, but this could be another case of “good news is bad news” for the Federal Reserve.
Source: cnn.com
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The labor market just won’t quit, but this could be another case of “good news is bad news” for the Federal Reserve.
By Krystal Hur and Bryan Mena, CNN
Federal Reserve Chair Jerome Powell seemed uncharacteristically relaxed yesterday at the European Central Bank conference in Portugal. The Fed head shed his reading glasses and wore his shirt collar open with no tie as he cracked jokes alongside a panel of his central banking contemporaries.