Report
Yellen on Weak May Jobs: Keep Calm and Carry On (Gradually)
posted by Michael Lewis on June 06, 2016
Found in US, categorized in Monetary Policy
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Headline
To reduce her remarks to a T-shirt slogan, Yellen’s message was to “Keep Calm and Carry On (Gradually).” She made it clear that the weak May jobs results would not cause her to back off from hiking rates, eventually.
Abstract
Mike's analysis on Yellen's remarks in Philadelphia this morning about this past Friday’s weak payroll jobs report.