With Upbeat Jobs Report, Fed Expected to Remain Hawkish
August 05, 2022 at 13:35 PM EDT
The more than half a million new jobs added to the U.S. economy have many investors and analysts thinking that the Federal Reserve will continue its aggressive rate hike plan to fight inflation. The U.S. labor market added 528,000 jobs in July, more than double what Dow Jones estimated (258,000 more jobs). Unemployment also dropped [...] The post With Upbeat Jobs Report, Fed Expected to Remain Hawkish appeared first on ETF Trends .
