Tech Insider
Economy
People walk by a now hiring sign posted in front of a CVS store
People walk by a now hiring sign posted in front of a CVS store on April 7, 2023, in San Rafael, California.

Justin Sullivan/Getty Images

  • The Federal Reserve's aggressive tightening campaign might not be over just yet.
  • Wages are still rising fast – and that could push inflation back up.
  • The central bank will need to see more "signs that labor market conditions are loosening," governor Michelle Bowman said Saturday.

Strong labor market data last week has given investors cause to believe that the Federal Reserve, which has raised interest rates from near-zero to over 5% over the past year-and-a-half, might not be done tightening just yet.

Tags
economy, MI Exclusive, Stocks, Stock Market Analysis, Stock Market Outlook, Stock Market Strategy, Investing Analysis, Investing Outlook, Investing Strategy, Federal Reserve, Interest Rates, Job Market
Source
Don't rule out more interest-rate hikes, with the job market still looking stro…