Fitch: Fed Need Not Worry About Jobs as Oil Price Drop Eases Inflation Pressure

Fitch Ratings Chief Economist Brian Coulton said the latest data suggested the Federal Reserve did not need to be overly concerned about the employment side of its mandate. According to Jin10, Coulton added that another notable feature of recent labor market data was a slowdown in wage growth, which he said would ease inflation pressure as oil prices fall sharply.