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Market analysis: Federal Reserve officials note that the labor market in April is more stable.

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ME News, May 21 (UTC+8), market analysts say that one factor supporting a more hawkish outlook for the Federal Reserve is: signals of improvement from the labor market. At the Fed's March meeting, the latest data available to officials was the poor February employment report. According to the March meeting minutes, at that time many officials were concerned that "labor market conditions seemed vulnerable to adverse shocks." However, according to the latest April meeting minutes, by the time of the April meeting, Fed officials had obtained a more optimistic March report, with most viewing these data as evidence of stabilization. After the Fed's April meeting, the strong April employment report released earlier this month provided further evidence that the labor market may be stabilizing. (Jin Shi) (Source: ODAILY)
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