Case for "Extended Pause" in Fed Interest Rates as Inflation & Jobs Gap Widens

Charles Schwab's Collin Martin expects the Fed to remain on an extended pause, but persistent inflation and a stronger-than-expected jobs market keep the policy outlook tilted hawkish. He said labor data would need to weaken further before an interest-rate hike becomes more likely, underscoring that the next move is still data-dependent.

Analysis

Charles Schwab's Collin Martin expects the Fed to remain on an extended pause, but persistent inflation and a stronger-than-expected jobs market keep the policy outlook tilted hawkish. He said labor data would need to weaken further before an interest-rate hike becomes more likely, underscoring that the next move is still data-dependent.