filmov
tv
Economist discusses the labor market, and what to expect from the Fed at Jackson Hole
Показать описание
While the Federal Reserve is looking to be on track start cutting interest rates in September, the Conference Board and Wells Fargo's Leading Economic Index (LEI) has been on the decline and edging closer to pandemic-era levels. Investors hope to hear more about Fed Chair Jerome Powell's monetary policy in his speech at the Jackson Hole Economic Symposium later this week.
Wells Fargo Senior Economist Tim Quinlan sits down with Julie Hyman and Josh Lipton to talk about these economic indicators and what they are inferring about recession risks.
"The biggest hurdle for the economy at this stage of the game is the slowing underway in the jobs market. And the reason that that becomes problematic is the consumer spending has become more reliant on real income as a driver of it," Quinlan tells Yahoo Finance. "If you're really reliant on the labor market, the labor market is weakening, kind of argues for a slower pace of growth at a minimum. But we don't see enough of a deterioration yet to push us into the recession side of things."
Quinlan comments on the weight on Powell's shoulders ahead of this week's Jackson Hole event and rate cut expectations from markets:
"How does Powell kind of come to grips with the fact that financial market expectations have moved as much as they have, without, at the same time, promising on any kind of a meaningful drop? It's a really difficult task that he has."
#youtube #news #stockmarket
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Follow Yahoo Finance on social:
Wells Fargo Senior Economist Tim Quinlan sits down with Julie Hyman and Josh Lipton to talk about these economic indicators and what they are inferring about recession risks.
"The biggest hurdle for the economy at this stage of the game is the slowing underway in the jobs market. And the reason that that becomes problematic is the consumer spending has become more reliant on real income as a driver of it," Quinlan tells Yahoo Finance. "If you're really reliant on the labor market, the labor market is weakening, kind of argues for a slower pace of growth at a minimum. But we don't see enough of a deterioration yet to push us into the recession side of things."
Quinlan comments on the weight on Powell's shoulders ahead of this week's Jackson Hole event and rate cut expectations from markets:
"How does Powell kind of come to grips with the fact that financial market expectations have moved as much as they have, without, at the same time, promising on any kind of a meaningful drop? It's a really difficult task that he has."
#youtube #news #stockmarket
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Follow Yahoo Finance on social:
0:06:15
Economist discusses the labor market, and what to expect from the Fed at Jackson Hole
0:06:52
Inflation ‘is not coming from the labor market,’ economist says
0:08:32
How inflation is dragging workers in a tight labor market: Economist
0:10:38
Labor Markets and Minimum Wage: Crash Course Economics #28
0:07:20
Extended unemployment benefits doesn't explain labor shortage: Former White House economist
0:06:29
Labor market: Wage-price spiral ‘halfway there in the U.S.,’ economist says
0:05:26
The Labor Force
0:08:15
Jobs report: U.S. has ‘a red hot labor market,’ economist says
0:06:37
Tight labor market will push inflation higher, says Citi global chief economist
0:05:25
Test 7 - Edge in Economics Revision MC - Labour Market
0:09:25
'What we need to see is labor force participation go up': Economics professor on jobs repo...
0:03:47
White House economist Jared Bernstein discusses easing inflation pressures on labor market
0:08:33
The U.S. economy and job market are ‘looking very encouraging’: Economist
0:14:02
Interview: Prof Henry Farber (Princeton) Discusses Labor Economics
0:04:02
U.S. labor market is ‘getting closer and closer to full employment,’ economist says
0:15:29
Video tutorial: The labour market (WS/PS) model for the aggregate economy
0:07:05
'BE CONCERNED': Economist sounds the alarm on the labor market
0:05:24
Economist: ‘We’re still seeing a strong labor market’ despite tech layoffs
0:06:02
Indeed economist on labor market: ‘Demand for workers remains strong’
0:06:55
Economist discusses stimulus checks and jobs market recovery under a Biden presidency
0:05:38
Recession watch: ‘It's all about the labor market’ in 2023, economist says
0:05:55
Labor market is still ‘hot’ as workers seek higher pay, economist says
0:05:52
Labour market
0:06:55
August jobs report: Economist breaks down what's restraining the labor market
Комментарии