Fed Watch: Forward Guidance Heading for a Change

The lackluster August employment report clearly defied expectations (including my own) for a strong number to round out the generally positive pattern of recent data. That said, one number does not make a trend, and the monthly change in nonfarm payrolls is notoriously volatile. The underlying pattern of improvement remains in tact, and thus the […] View the full post at: Fed Watch: Forward Guidance Heading for a Change Related posts: Economic Troughs, Changes in the Unemployment Rate, and Fed Policy The Dollar Dog Didn’t Bark: We Are Now On Sea Change Watch Fed Watch: Even With Growth, A Long, Hard Road