News about Fed

The April jobs report won't change much for the Fed because • There's another one before their next meeting • They're more focused on inflation data • It's doesn't show "unexpected" weakness But it will certainly help ease fears about reacceleration/overheating

Central banks continue to feature heavily in the weekly look ahead for the economy and markets, including: Policy meetings in the UK, Australia, Brazil, Malaysia, Mexico, Peru, Sweden, and elsewhere; and Lots of scheduled remarks from #FederalReserve and @ECB officials. Also,…

Posted earlier: As a follow-up to yesterday's #FederalReserve press conference, here are some thoughts on why Chair Powell's surprisingly dovish tone and content may end up being appropriate...though not for the reasons he put forward. www.ft.com/content/aa8c68f7-9dad-465f-ab92-c64c38337a84 #economy…

The Fed's general intuitions -- not getting overly excited about the disinflation of the second half of 2023, and then also not getting overly excited about the warming in Q1 2024 -- not looking too bad.