Fed's Dual Mandate Conundrum: "Pretty Weak" Jobs Report v. Oil's Inflation Woes
Schwab Network · Schwab Network
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Show Notes
Charles Schwab's Cooper Howard calls February's jobs report "pretty weak" where it's "hard to find a silver lining." It adds to inflation pressure facing the FOMC due to crude oil's huge price spike this week. Cooper explains how the two come at odds with the Fed's dual mandate. On the bright side: he doesn't see the U.S. in a stagflationary environment.
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