How the Fed Should Read the U.S. Jobs Report

The video discusses a payroll report highlighting a mix of job types that led to wage growth despite cold weather. It covers underemployment trends, noting improvements but also challenges due to an aging population. The labor participation rate is not meeting policymakers' expectations. The video also analyzes interest rates, predicting a flattening yield curve and potential Fed rate hikes, aiming for a soft economic landing.

What does the flattening of the yield curve indicate about interest rates?

What are the expectations regarding the Fed's approach to rate hikes in the coming year?