Economy too hot for comfort

Data: Bureau of Labor Statistics; Chart: Courtenay Brown/Axios data this week all tell the same story: the U.S. economy is booming, with all the inflationary pressures that may entail. The big picture: It puts Warsh and the Federal Reserve in a tough bind. Senior officials in recent weeks have signaled patience on further rate hikes, but the latest data points to broader inflationary pressures than previously thought

Data: Department of Labor Statistics; Chart: Courtney Brown/Axius This week's data all told the same story: The US economy is reeling with all the inflationary pressures that might entail. The big picture: It puts Varsh and the Fed in a tight spot. Senior officials have signaled patience on further interest rate hikes in recent weeks, but the latest data suggest broader inflationary pressures than previously thought.