Soon-to-be-released inflation “reports have the power to decide whether the Fed hikes or holds,” Fifth Third Commercial Bank Chief U.S. Economist Bill Adams said.

Soon-to-be-released inflation “reports have the power to decide whether the Fed hikes or holds,” Fifth Third Commercial Bank Chief U.S. Economist Bill Adams said.

A jobs report on Friday provided a key gauge of the U.S. economy as shoppers weather elevated inflation and central bankers weigh a possible interest rate hike.