inflation 2 percent target
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May JOLTS Beats Consensus by 294,000 as Warsh Uses Sintra to Cement the End of Forward Guidance: An Economic Look at the July 29 Rate Debate
Job openings held near a two-year high in May 2026, running about 294,000 above consensus, while new Fed Chair Kevin Warsh used his Sintra debut on July 1 to formally reject forward guidance. An economic look at what the labor data shows and how markets are pricing the July 29 rate decision. Continue reading
Andrew Bailey, BLS labor data, Christine Lagarde, CME FedWatch, core PCE, ECB Sintra Forum, Federal Reserve, fiscal sugar rush, FOMC July 2026, forward guidance, inflation 2 percent target, job openings, JOLTS May 2026, Kevin Warsh, labor market economics, monetary policy, openings unemployed ratio, rate hike odds, Tiff Macklem, yen 40 year low