Are managers really making decisions on expectations of expectations?
5/6/2021 2:14:22 PM GMT Outlook Ahead of payrolls on Friday, today we get the usual Thursday jobless claims, likely a big drop. These two jobs reports may end a string of somewhat disappointing US data. For fun, check out the statements from various Feds after TreasSec Yellen said the day before that conditions may well call for higher rates. Vice Chairman Clarida said the time is not ripe for such talk. Chicago Fed Evans said the chances of persistently higher inflation are remote. Boston Fed Rosengren copied Clarida with “premature.” This is precisely what you would expect. But as some ...
Source: fxstreet.com
