Core Insights - The decline in immigration numbers is believed to alleviate unemployment pressures [1] - There is a strong belief that price pressures will be observed in the near future [1] - Tariffs may also exert pressure on employment levels [1]

Core Viewpoint - The decline in immigration numbers is alleviating unemployment pressure in the labor market [1] Group 1 - The Federal Reserve's Barkin highlighted that reduced immigration is contributing to a decrease in labor market tightness [1] - This shift may lead to a more balanced job market, potentially impacting wage growth and inflation [1]