labor market economics
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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
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