But the recent positive tone of data increases our optimism the US economy is on solid ground going into this period, underpinned by the enduring strength of the labor market and the healthy contribution to growth from consumers. (us.beyondbullsandbears.com)
Another factor that gives me some confidence that the Fed will continue to hit the inflation target is the strength of the labor market. (ritholtz.com)
Friday's U.S. employment report for April will be evaluated for further indications of the strength of the labor market and inflation pressures. (reuters.com)