![Unemployment, Inflation and The Fed’s Choice](https://images.mauldineconomics.com/uploads/newsletters/_small/FEATURE_20240823_TFTF.jpg)
- August 23, 2024
Unemployment, Inflation and The Fed’s Choice
There was an historically large revision to the unemployment data this week, which was even worse than the headline when you dig into the actual numbers. On top of that, there is some “behind the numbers” data on inflation, which is typically not talked about, that will have a big impact on the Fed decision, not to mention traders and mortgages. This all has implications for the economy and maybe even for the election. While it's not quite Sophie's Choice, it's still not easy for the Fed....
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