Payrolls Like Jay Powell Are Boxed In By Employment
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There's a battle going on with the labor market data, and an unprecedented divergence in statistics. CES or the Establishment Survey suggests one thing about the economy while more and more evidence across the CPS aligns directly against it. The timing couldn't be more inconvenient, the implications are just massive given where we are. Will policymakers allow themselves to be imprisoned with the one, or have they given more consideration to the other already?
Video Length: 00:20:28
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