Latest / The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy
Why the Fed Watches the Jobs Report's Wage Signal
After the July jobs report showed a surprise loss of 23,000 jobs, the Federal Reserve is parsing more than just the headline. Lucas and Luna dig into why the Fed watches the wage growth component closely, how a cooling labor market interacts with sticky core inflation, and what the recent rise in ten-year breakevens tells us about market expectations. They also unpack the disconnect between the ADP private payroll number and the official count, and what it means for the Fed's next move. If you've ever wondered how the Fed reads the monthly jobs data, this episode breaks it down with…
The skinny
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