UBS On-Air: Market Moves
UBS On-Air: Paul Donovan Daily Audio 'Labor weakness still beats inflation increases'
15 Oct 2025
Federal Reserve Chair Powell reiterated that labor market concerns dominate inflation concerns in current policy. The lack of a functioning US federal government means this economic analysis depends on dubious quality data—private sector polls and potentially distorted anecdotal evidence—but Powell has shown a willingness to depend on such data in making past policy decisions.
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