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Fed's Powell: We didn't expect the jobs report to be this time

Fed's Powell: We didn't expect the jobs report to be this time
  • Labor market is extraordinarily strong
  • Sometimes just I get data the night before it's released, but just me
  • Message from last week's FOMC is that disinflationary process has begun but has a long way to go
  • Repeats that ongoing rate increases will be appropriate, still have not reacted sufficiently restrictive level
  • Vote on monetary policy takes place around noon on the second day of FOMC
  • My guess is that it will take this year and next year to get... Read More
Posted: Feb 7 2023, 17:43
Author Name: forexlive
Views: 102159

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