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People who need jobe are getting them, and those with jobs are gotting paid moro. Business and consumer sentiment remain resilient and spending and Investment are also proving to be rolatively robust. Gross domestle product, the broadest measure of economle output, grow by 2% in the first quarter.Xhic e tonomic IndiaThe Fod is will likely The Fod is so it will liThe Fod is will likelyBut while Job growth is a sign of a healthy economy, Fod Chair Jerome Powell has sald that he wante to see more slack in the labor market in order to p itbring Inflation down. If there are too few people chasing too many jobs, he says, wages will rise and add to upward pressure on prices.own,What's happening: This week, a slew of new unemployment data is expected to show that US hiring finally slowed in June. Economists forecast that the US added 223,000 Jobs last month, way down from the 339,000 added In May.so itBut here's the thing: those forecasts have been way off. They projected sharp drops in hiring for April and May; instead there was increased employment.neapAnd so in order to get unemployment back to where it thinks it should be (5%),Based on the news article below, what does the Fed consider as the main concern in this current economic environment and what policy are they likely to pursue tocombat this? The Fed is most concerned with a tight labor market causing high inflation, so it will likely raise interest rates.The Fed is most concerned with slow job growth causing an economic slowdown so it will likely raise interest ratesThe Fed is most concerned with a tight labor causing an economic slowdown, so itwill likely lower interest rates.

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