Report
New ‘Ultimate’ Labor Indicators Offer More Noise than News
posted by Michael Lewis on October 08, 2014
Found in US, categorized in Monetary Policy

Report Cover
Headline
After pegging unemployment as the metric to guide policy, Bernanke and Yellen were surprised to see the jobless rate fall significantly. Now, Yellen is looking for something else that more closely reinforces her views.
Abstract
FMI’s commentary on the dueling Labor Market Conditions Indices released this week by the Federal Reserve and the Kansas City Fed.