At the Senate Banking Committee’s Humphrey Hawkins hearing on Tuesday, Senator Warren questioned Chair Powell about the implications of the Fed’s projections for unemployment, which call for an unemployment rate of 4.6% by year’s end, around an additional...
The data from the February labor market show continued labor market strength. Almost all employment-based indicators show improvement from the previous month, even as the general trend of...
Welcome to our State Space series. Here you will find how we’re thinking about the pathways and scenarios that could take us to critical economic states.
Wage growth slowed in Q4 faster than consensus forecasts–-at an annualized rate just over 4%. We already noted in our preview that this would be very consistent...
As we await the Q4 Employment Cost Index (ECI) release tomorrow (forecasting consensus: 1.2% QoQ, 4.9% CAGR; Q3: 1.2% QoQ, 4.8% CAGR), two key...
