#jobreport — Public Fediverse posts

1 CIBC: On the heels of a good #jobreport and somewhat firm #pricepressures, we expect the #BoC to remain on pause in July because this is a #centralbank that by its own admission isn’t very comfortable being forward-looking. 🧵 #cdnecon #inflation #BankofCanada #interestrates

Goldman Sachs CEO: Fed Unlikely to Cut Rates Before September - Goldman Sachs CEO David Solomon expects the Federal Reserve to delay any emergency... - https://news.bitcoin.com/goldman-sachs-ceo-fed-unlikely-to-cut-rates-before-september/ #marketvolatility #federalreserve #davidsolomon #goldmansachs #carrytrades #newsbytes-2 #correction #newsbytes #jobreport #recession #ratecuts #japan #yen

Goldman Sachs CEO: Fed Unlikely to Cut Rates Before September - Goldman Sachs CEO David Solomon expects the Federal Reserve to delay any emergency... - https://news.bitcoin.com/goldman-sachs-ceo-fed-unlikely-to-cut-rates-before-september/ #marketvolatility #federalreserve #davidsolomon #goldmansachs #carrytrades #newsbytes-2 #correction #newsbytes #jobreport #recession #ratecuts #japan #yen

Market cautious ahead of #US #JobReport; anticipation of 185,000 new jobs added last month. US #Treasury yields decline on expectations of Fed #ratecuts, with markets pricing in 50 bp of easing. Rate cut optimism lingers in #AsianMarkets despite cautious sentiment.

Expected: 185,000 jobs.

Added: 517,000 jobs.

If this is the tradeoff for adding ~4-5% inflation after an economic crisis (on top of transitory inflation), then let's do it all the time.

I'd much rather have real wage growth than low nominal prices.

#economics #Jobs #JobReport

Biden finds himself on another high as labor market still shows promise.

There were 223K jobs added in December.

#JobsReturning #jobreport
#BidenHarris #POTUS #politics #economy

https://www.nytimes.com/live/2023/01/06/business/jobs-report-december-economy

Biden finds himself on another high as labor market still shows promise.

There were 223K jobs added in December.

#JobsReturning #jobreport
#BidenHarris #POTUS #politics #economy

https://www.nytimes.com/live/2023/01/06/business/jobs-report-december-economy