The Labor Market Has Probably Peaked, and the Fed Is Going to Make Sure That's the CaseHarrison Roger
Question: Which is more interesting - Sitting on a cruise ship wondering if your wife doesn't love you, or wondering about when the Fed is going to raise rates?
The answer - speculating about when the Fed will raise rates.
Why? Because it's always more fun guessing the unknown than dealing with the known.
With this as the background, here's some speculation on how the Fed might read Friday's BLS employment report . . .
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