Jobless claims help cool things a little
NAB Morning Call
00:00
The Fed's Tightening and the Jobless Claims
Gavin Friend: Is this really down to the weekly jobless claim, something that's largely being ignored until this recent crisis? He says typical of these turning points is we get pockets of data where you get weakness. And even if the Fed pauses, as most expect next week, then we can't be sure they won't come back and hike again in July," he adds.
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