Elisabeth Denison
Elisabeth Denison
data definitely improving information labor market payroll point settling small
It's a very small decline, ... It's definitely settling in a downtrend and all the information from the surveys and from that kind of data point to the labor market stabilizing and improving and we should see that in the payroll numbers.
employment labor people question shows
A lot of it has to do with the labor market, the employment question is where it shows up. People are disenchanted with employment growth.
definitely direction domestic eye fed further pace pointing prices rate worried
This is something the Fed is going to keep an eye on as it's domestic prices that they're worried about, the domestic pace of activity, and it definitely is pointing in the direction of further rate hikes.
bigger bit concerned core increases looking maybe people yesterday
Some people were concerned after the revisions yesterday and were maybe looking for bigger increases in the core (today) and there's a little bit of rallying, but it's very, very minor.
best continuing hikes rate seem
For the Fed, continuing 25-basis-point rate hikes seem to be the best bet.
coming couple data days last market momentum rally reports tried weak
The market has tried to rally in the last couple of days on weak data and did not succeed, so with all these reports coming in, (bonds) have got a little more momentum today.
against inflation lean rate resolve strengthen
The unemployment rate was the most important. It will strengthen (the Fed's) resolve to lean against inflation pressures.