Fed
Fed's Venable (Interim, non-voter) says inflation is too high, hearing the same message from contacts across the south-east
StockNow breaking-news AI analysis
Fed's Venable warned of high inflation and stagnant labor supply, complicating the definition of maximum employment and signaling a cautious approach to the dual mandate as of August 2026.
News detail
Labour market appears to be broadly stable. Labor supply is hardly growing, an unusual circumstance that changes the formula for figuring out what constitutes maximum employment. There are nuanced risks to assess on both sides of the dual mandate.
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