It's the new person. It did not impact the numbers as we can see.
Also we had some of the worst revision of the Summer numbers. So, I guess we might have to fire the new one too xD!
Those downward revisions on jobs were rough and make a cut feel locked in. Do you expect a 25 basis points move next meeting or could they go 50 if risk off worsens?
https://inleo.io/@vlemon/job-report-was-bad-revisions-were-even-worse-fed-cut-confirmed-kmt
Question: Is this jobs report from someone new and not the lady he fired?
It's the new person. It did not impact the numbers as we can see.
Also we had some of the worst revision of the Summer numbers. So, I guess we might have to fire the new one too xD!
Those downward revisions on jobs were rough and make a cut feel locked in. Do you expect a 25 basis points move next meeting or could they go 50 if risk off worsens?
Except if the CPI is really atrocious and I mean 3%+. The cut is locked. 25bps most likely.
Same here. What would make you switch to 50, headline 3.4% with core heating up or a nasty risk-off swing into the meeting?