Sentences with phrase «labor market indicators continuing»
The Committee expects that, with appropriate policy accommodation, economic activity will expand at a moderate pace, with labor market indicators continuing to move toward levels the Committee judges consistent with its dual mandate.
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Our analysis shows that wage growth, as estimated by our composite measure of wage pressures, is beginning to accelerate; we also show that labor market indicators most closely correlated with wage growth, such as the quit rate, continue to improve.
A range of labor market indicators suggests that underutilization of labor resources continues to diminish.
The Committee currently expects that, with gradual adjustments in the stance of monetary policy, economic activity will expand at a moderate pace and labor market indicators will continue to strengthen.
Recent indicators point to continuing weakness in overall labor market conditions, and the unemployment rate remains elevated.