In the media | 06 Jul 2021
Kathy Bostjancic on Macro Matters: Where have all the workers gone?

Kathy Bostjancic, Chief US Financial Economist at Oxford Economics and joins Macro Matters’ host Paul Diggle to discuss the US labour market and its implications for the Federal Reserve.
What’s been holding back labour supply and how temporary or permanent is this? What’s behind the change in the dot plot and to what extent do markets need to fret about a more hawkish Fed? Following the COVID-19 pandemic, the US is seeing a slower than expected recovery of the labour market. We discuss the potential causes and the future outlook. Part 1 focuses on the labour market, the causes behind mismatched labour supply and demand, and the implications for inflation. Part 2 discusses the June Federal Reserve meeting and what monetary policy normalisation means for financial markets.
Listen to the full interview below.
Tags:
You may be interested in

Post
Australia: RBA hike by another 25 bps as the fight against inflation continues
The RBA has raised its cash rate target by a further 25 basis points, taking it to 4.1%. Although inflation has peaked, the RBA board is still clearly uncomfortable with its brisk pace.
Find Out More
Post
BIS Oxford Economics to be rebranded as Oxford Economics Australia
Over the past six years we've maintained the unique modelling and analysis that clients and the media have come to rely on from BIS Shrapnel while incorporating Oxford Economics' rigorous global modelling and analytical framework to complement it," said David Walker, Director, Oxford Economics Australia.
Find Out More
Post
Introducing our renovated African Forecasting Service
From economy to politics, investment to operation, fuel your business growth by leveraging our complete Africa solutions.
Find Out More