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Surveillance: US Payrolls Top Estimates

Bloomberg Surveillance

00:00

The Fed's Not Going to Go as Far as It Used to Be

Randy Krosner: It's early days yet in terms of the market reaction. The reduction in the average hourly earnings may just have be a composition effect. I think looking over the last three months, we still see a very strong labor market. But if it were to strengthen, then I think it would be very clear it would have to be 50.

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