Strong Labor Market Leaves Fed Room To Aggressively Raise Rates

Published: Oct. 7, 2022, 6:28 p.m.

b'The recent jobs report underlines upward pressure on wages and the Fed\\u2019s goal of reducing inflation, says John Worth. He and Steven Ricchiuto discuss the major takeaways from today\\u2019s jobs report. John notes that a strong labor market gives the Fed room to aggressively raise rates. Steven mentions that the Fed policy will need to get more restrictive. Tune in to find out more about the stock market today.'