Guha: Inflation Takes Center Stage as Fed Weighs Interest Rate Hikes

Krishna Guha, vice chair and head of central bank strategy at Evercore ISI, believes that inflation, oil prices, and bond yields are currently more important to the Federal Reserve than US jobs data.

In his opinion, these factors may influence whether or not the Fed decides to raise interest rates at its upcoming meeting on this month's date, which is not specified in the source.

Giving precedence to inflation and other economic indicators over jobs data represents a shift in priorities for the Federal Reserve, according to Guha.