Does U.S. Jobs Data Prove Economy Ready for Rate Hike?

The video discusses the current state of inflation, wage growth, and job market trends in the US economy. It highlights the potential for a Fed rate hike in December, contingent on job growth and economic performance. The discussion also covers global economic factors, such as Brexit and actions by other central banks, which influence the US economic outlook.

What signs of improvement in inflation are being looked for?

What is the current growth rate of the US economy as mentioned in the text?

How do global economic factors influence the Fed's decision-making process?