On the May Jobs Report
After revisions, payroll growth was a big fat zero. But that doesn’t have to mean recession.
After revisions, payroll growth was a big fat zero. But that doesn’t have to mean recession.
The chairman made the case last year for easing if the yield curve inverts—as it did in March.
A tough statement about US/China negotiations means China is still in negotiations.
It would take two cuts to un-invert funds-10. Powell: “your policy’s tighter than you think.”