Fed "Wait and See" Mode on Interest Rates, Inflation & Jobs Data Clash
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"We think the Fed can stay in wait and see mode" and see how ecodata evolves, argues @CharlesSchwab's Collin Martin. Last week's decline in jobs through the July jobs report is something he sees "changing the calculus" of the Fed. Inflation prints will paint a different picture if they come in hot, says Collin, which will heighten interest rate hike expectations. He also offers his expectations for Fed Chair Kevin Warsh's speech later this month at Jackson Hole. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.di
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