Bonus Episode: The March Jobs Report 4/7/23
Squawk Pod
00:00
The Fed's Tightening of the Bond Market
The labor market is certainly slowing, you're seeing that in the various PMIs. This is a bit disinflationary in the sense that labor supply is increasing as labor demand is slowing. We saw a Joltz really weak. The senior loan officer survey on May 8 is going to be very important. That should show further significant tightening and that lending data is very forward-looking.
Play episode from 11:27
Transcript
