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Fed Now Prioritizes Inflation Over Jobs | Raleigh News
The Fed’s focus is shifting from jobs to inflation, according to Goldman Sachs — and that could reshape markets. While the monthly jobs report once dictated rate expectations, Goldman’s chief economist Jan Hatzius now says inflation data is the bigger driver. June’s inflation slowdown may be more than a blip; if it continues, rate cuts could come even with weak job numbers. But if inflation rebounds, the Fed won’t be swayed by hiring trends alone. Investors should watch upcoming inflation reports closely — because what’s cooling or heating up could determine whether bonds fall, stocks soar…
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