Surveillance: US Payrolls Surprise
Bloomberg Surveillance
00:00
Do You Trust the Data?
12.1 million people have either gone back to work or jobs been at the economy since Biden took office. The only big economist on Wall Street that came anywhere near was Citie and Andrew Hollandhorst, a little north of 300K. Pough's hopefulness must now confront the data. inflation will continue to call faster than the Fed expects even absent a further tightening of financial conditions.
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