Glenn Haberbush
Glenn Haberbush
account bit cautious due economic effect fed looking previous rate seen
We've seen some gyrations in expectations due to the whipsaw that we've seen in the economic data. We're looking for two more increases. At that point, the Fed must be a little bit cautious and take into account the lagged effect of previous rate hikes.
evidence further general good healthy labor levels markets returning
We're still returning to pre-hurricane levels but in general this is a good report. This is further evidence labor markets are still healthy in the U.S.