Fed's Brainard Says Case for September Pause 'Very Hard'

The video discusses the Federal Reserve's focus on inflation, with insights from officials like Leo Brainerd and Loretta Mester. They emphasize the need for rate hikes until inflation shows a tangible decrease. Raphael Bostic also comments on potential rate pauses if inflation decreases. The video further analyzes the jobs report, highlighting strong employment numbers and wage growth, but notes these do not significantly impact the Fed's inflation strategy.

What signals are economists looking for in the jobs report?

What are the expectations for average hourly earnings according to the latest survey?