Can Inflation Weaken With A Strong Job Market?

<p>"The stock market today is expecting a hawkish tone from Jerome Powell. Can the Federal Reserve weaken inflation with a strong labor market? There is data that it could happen, but Chairman Jerome Powell is not buying into that thesis yet. Reserve Bank of Australia raised rates by 25BPS and signaled that more rate hikes are likely. Other Central Banks are catching up to the U.S. Dollar and its price will continue to increase in comparison to other currencies," says Scott Bauer.</p>