Surveillance: US Payrolls Top Estimates
Bloomberg Surveillance
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Do You Think the Fed Is Going to Hike the Fed?
We're seeing in markets people back away from a 50 basis point rate hike at the meeting of the Federal Reserve later this month. So we still have a very strong labor market. There's no way around that. And obviously there are lags and we'll see when the tightening of monetary policy really hits. May not come for a few more months.
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