Ricky Gutierrez
@rickygutierrezz·1.2M subscribers·5.3K videos
(URGENT) UNEMPLOYMENT REPORT TOMORROW...
Posted
October 7, 2022
Views
16,403
Likes
2,981
Comments
107
Engagement
18.83%
October 7, 2022
16,403
2,981
107
18.83%
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4:43Now PlayingIn normal times, strong job gains and rising wages would be considered a good thing. But these days, they’re exactly what the U.S. economy doesn’t need as policymakers try to beat back an inflation problem that just won’t seem to go away.
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Jerome H. Powell, the Federal Reserve chair, faces a challenging moment as inflation proves more durable than policymakers expected.
What to expect from the upcoming Fed meeting. Of course, the Fed decision on Wednesday, that's at 2:00 PM, which is going to be dominating conversations all week. We're also going to be keeping our eyes on retail sales. That's also coming out Wednesday morning. Let's bring in our own Alexandra Semenova for everything we need to know.
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.
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