Surveillance: US Payrolls Crush Estimates
Bloomberg Surveillance
00:00
The Fed's Not Quitting Until the Labor Market Quits
This is a very gradual trend to where Chairman Powell wants to get to. The hot number on wages is really not consistent with that. We're going to be getting another labor market report before the Fed makes its next decision. But as I said on this program before, the Fed's not going to quit until the labor market quits.
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