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

Tags: michael lewis FMI Yellen rate hike FOMC labor market

Report Cover

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.

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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