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In reply to the discussion: As job market slumps, Trump administration says it could take a year to see better economic data [View all]progree
(12,328 posts)17. Wiz Imp takes down some more Admin (Labor Secretary) excuses and calls out the lies
https://www.democraticunderground.com/10143524396#post27
Oh, as far as fed rate cut expectations, before today's report it was 97% expectation of a quarter point or more cut on their Sept 17 meeting.
After the report: 100% of which 10.2% are expected a HALF point cut. (just now: 11.0%)
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
Before now and then, there is the producer price index report, the CPI, consumer sentiment, and retail sales reports coming out that will give the Fed some more to chew on.
Oh, as far as fed rate cut expectations, before today's report it was 97% expectation of a quarter point or more cut on their Sept 17 meeting.
After the report: 100% of which 10.2% are expected a HALF point cut. (just now: 11.0%)
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
Before now and then, there is the producer price index report, the CPI, consumer sentiment, and retail sales reports coming out that will give the Fed some more to chew on.
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As job market slumps, Trump administration says it could take a year to see better economic data [View all]
BumRushDaShow
Sep 5
OP
Yep, Trump will fix it!! In the meantime, how about a Trump bible or meme coin.
walkingman
Sep 5
#10
Yeah, last month poor figures meant "fire the stats boss"; this month it's "our new loony economist is fine ...
muriel_volestrangler
Sep 5
#11
Reuters is a reliable source. When they write "his administration said it could be a year", you can
Bernardo de La Paz
Sep 5
#14
Okay. If you want to avoid misunderstandings, then write clearly. . . . . nt
Bernardo de La Paz
Sep 6
#26
Thank you for clarification. Suggestion for improvement delivered evenly without rancour is not rudeness.
Bernardo de La Paz
Sep 6
#31
We are entering stage 4 now. 1. It won't cost you. 2. It's costing a tiny bit for a little time. 3.
Bernardo de La Paz
Sep 5
#13
They're snorting pure cocaine if they think their actions will help the economy.
cstanleytech
Sep 5
#15
Wiz Imp takes down some more Admin (Labor Secretary) excuses and calls out the lies
progree
Sep 5
#17