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Will The Fed Let Up On Rate Hikes With CPI At 8.3%?
8 mins·07:00, 12 May 2022
Will The Fed Let Up On Rate Hikes With CPI At 8.3%?
8 mins
·
07:00, 12 May 2022
·
Recommended
Guest: Tony Nash, CEO, Complete Intelligence
The April CPI figures for the US reported at 8.3% is higher than consensus anticipation of 8.1%, while the April employment report showed a gain of 428,000 jobs, reflecting a drop in the unemployment rate to 3.6%. So what does this mean for the US economy? Tony Nash, CEO, Complete Intelligence breaks things down for us. Image credit: Unsplash.com
Presenter: Shazana Mokhtar, Tan Chen Li, Khoo Hsu Chuang
Producer: Mike Gong
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