Almost All Fed Officials Saw More Rate Hikes in 2023
Bloomberg Businessweek
00:00
The Fed's Rate Hiking and the Labor Market
With a free handle on that unemployment rate, it's hard to say that we've got any kind of a problem with jobs. A lot of the new job creation is in the service sector. It can be very hard for them to continue this rate hiking if we see material weakness in jobs. With these different cross currents going on, how are you telling your clients to position in their portfolios?
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