What Data Will Fed Officials Use to Make Their Next Decision?
- Seattle, Portland, San Francisco
- 2022/12/08
Fed officials say they will be using hard economic data to make their next decision. That means key housing, labor, and inflation reports will likely have outsized effects on the market. The labor market: If job reports show a downward trajectory in employment, that could be enough to placate Fed officials. Inflation data: Two major indexes that measure the pace of inflation is ahead of the next Federal Reserve meeting. 1. The Consumer Price Index (CPI), tracks changes in the prices of a fixed set of goods and services. 2. Personal Consumption Expenditures (PCE) which reflects changes in the prices of goods and services.
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