Yes, the labor market has been tight it's just amazing. Here's the latest from Fed watch on the probability of the next rate hike for July 26th. Could be the last one of this year it just depends. Rates on short term treasuries and CD's should also rise.
I don't understand how the labor market has stayed so strong after an all out assault by the Fed. The allegations that the numbers are fake and politically driven are not supported by any of the key data points. The data says it's a healthy market and we gotta go by the data and not our feelings about a politician. No matter how hard we wish for it to be so. I think the Fed has signaled another rate hike and the markets are signaling they are cool with it. As long as the Fed doesn't surprise the markets have already baked in an increase into their models.
Yes, the labor market has been tight it's just amazing. Here's the latest from Fed watch on the probability of the next rate hike for July 26th. Could be the last one of this year it just depends. Rates on short term treasuries and CD's should also rise.