On today’s Macrocast, Ylan and Brendan host Wendy Edelberg, director of the Hamilton Project and a senior fellow in Economic Studies at the Brookings Institution. They break down this morning’s jobs day numbers, which signal an optimistic outlook for the labor market, even as the economy shows signs of cooling. On the flip side, the group warns of the impact of inflation expectations on wages as the Fed continues to hike interest rates. Plus, how will political dynamics affect market volatility amidst these shifting tides? Tune in to find out.
Take a look at Penta’s latest jobs day report here.