Pantheon Macroeconomics - If recent labor market trends continue, the four employment reports which will be released before the June FOMC meeting will show the economy creating about 1.1M jobs, pushing the unemployment rate down to 5.3%, almost at the bottom of the Fed's estimated Nairu range, 5.2-to-5.5%.

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2 Mar. 2015 If Real Wages are Key for the Fed, Policy Will Change Very Soon

By Ian Shepherdson

If recent labor market trends continue, the four employment reports which will be released before the June FOMC meeting will show the economy creating about 1.1M jobs, pushing the unemployment rate down to 5.3%, almost at the bottom of the Fed's estimated Nairu range, 5.2-to-5.5%.

Posted: 2nd Mar 2015 in 'U.S. Documents'

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Keywords for: U.S. Documents | 2 Mar. 2015 If Real Wages are Key for the Fed, Policy Will Change Very Soon

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