The Federal Reserve has opted to hold interest rates coming out of its November FOMC meeting. Unlimited Funds Co-Founder, CEO, and CIO Bob Elliott and EY Chief Economist Greg Daco join Yahoo Finance Live anchors Julie Hyman and Josh Lipton to discuss the actual strength of the U.S. economy and what areas Fed regulators are focusing on in future rate decisions.
“We’re in an environment where there’s no doubt that the economy remains robust,” Daco says, praising economic and consumer resiliency while later adding: “But if you look ahead, and I think that needs to be the Fed’s key focus going forward, is if you look ahead at the expectations for the labor market, we’re seeing a slowdown and moderation in job growth.”
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❤😊Buona serata América tutto Qui Bene calm bendrano tempo migliore adesso visogna reprimandse essere optimíto unite to save an entire economy and collapse the inflation 👉☝️🗽🔨🔨
The Fed went through a short period where rates were raised substantially in a short period of time. I’m not sure why waiting a short period of time to see the impact is a big issue.
These 2 guys are amazing opposing commentators