Part 4/8:
The conversation pointed to a generally healthy labor market, with an average of about 170-180,000 jobs added per month, consistent with pre-pandemic levels. Economists are reevaluating recession fears since reported unemployment rates and job creation trends signal a robust economy. However, potential inflation risks owing to new data from CPI (Consumer Price Index) and PPI (Producer Price Index) reports are under scrutiny as markets brace for possible implications from core service inflation.