Powell Says No Decision Made on Pace of Fed Rate Hikes

The transcript discusses upcoming economic data reports, including the JOLTS report, jobs report, and inflation reports. It emphasizes the importance of analyzing these reports to assess the economy's direction and make informed decisions. The speaker highlights that the ultimate level of interest rates is higher than expected due to revised inflation data and strong economic indicators such as employment and consumer spending. The analysis is not on a preset path and will be guided by incoming data and evolving economic outlook.

What is the significance of the upcoming jobs report and inflation reports mentioned?

How did the January weather potentially affect the economic data?