Surveillance: US Jobs Data Gives Mixed Signals
Bloomberg Surveillance
00:00
Is This a Challenge for Risk Assets?
The Fed doesn't want to see financial conditions easing prematurely, says Jeff Kagan. If the equity market gets ahead of that and eases financial conditions before the economy has a time to slow down,. then the Fed has to do even more," he adds. "I would agree that this report is not changing anything that we already have in the expectations for the Fed"
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