New ‘Ultimate’ Labor Indicators Offer More Noise than News

posted by Michael Lewis on October 08, 2014

Found in US, categorized in Monetary Policy

Tags: Fed labor market condition Kansas city fed Yellen

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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.


FMI’s commentary on the dueling Labor Market Conditions Indices released this week by the Federal Reserve and the Kansas City Fed. 

About Michael Lewis

Michael Lewis

Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.

FMI has compiled a solid record of timely, independent and accurate economic forecasts.  FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.

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