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.
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.
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