Elisabeth Denison
Elisabeth Denison
against below expect fed full hike inflation lean level resolve slightly strengthen thinking
It (the jobless rate) is probably at or slightly below the level the Fed is thinking is full employment, so it will strengthen their resolve to lean against inflation pressures. We expect another quarter-point hike in March.
against inflation lean rate resolve strengthen
The unemployment rate was the most important. It will strengthen (the Fed's) resolve to lean against inflation pressures.
coming couple data days last market momentum rally reports tried weak
The market has tried to rally in the last couple of days on weak data and did not succeed, so with all these reports coming in, (bonds) have got a little more momentum today.
chain ending february might sales saturday snow store storms warm week
It was a warm month, no snow storms or anything like that. In fact, we might see some give-back in February because we already see the first chain store sales for the week ending Saturday were down because of the snow storm.
data definitely improving information labor market payroll point settling small
It's a very small decline. It's definitely settling in a downtrend and all the information from the surveys and from that kind of data point to the labor market stabilizing and improving and we should see that in the payroll numbers.
data definitely improving information labor market payroll point settling small
It's a very small decline, ... It's definitely settling in a downtrend and all the information from the surveys and from that kind of data point to the labor market stabilizing and improving and we should see that in the payroll numbers.
fed seems
The Fed seems to think that this is a one-time adjustment.