Preston Mui
167 postsLabor Market Recap December 2024: Relief, for Now
The further slowing we were worried about last month, particularly in the prime-age employment rate, did not materialize. This sets back expectations for earlier and more rate cuts this year, but it’s certainly a good report for anyone concerned about the left tail of labor market risk.
Members
Fedspeak Monitor 1/5/25
A light week of Fedspeak heading into the New Year.
Members
Fedspeak Monitor 12/22/24
A handful of Fedspeak after the FOMC meeting, but nothing surprising.
Post-December FOMC: The Fed Gets Pessimistic About Inflation, but Shouldn't Downplay Labor Market Risk
If there’s one takeaway from this meeting, it’s that the Committee wants to position themselves much more cautiously on the inflation outlook, but the Fed is just a couple of bad labor market prints from having to put more cuts back on the table.
