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1st Nov 2022 16:32U.S., Daily Monitor

  • Chair Powell wants slower growth, better core inflation, and a looser labor market before the Fed pivots...
  • ...Those criteria have not yet been met, despite better pipeline inflation, so expect no change in tone today.
  • We now expect a 175K increase in October payrolls; a slowdown, but not a rollover.

chair powell fed inflation labor labor market October powell

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Keywords for: 2 Nov 2022 US Monitor

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