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Avery Shenfeld Quotes
August's 169,000 jobs gain, coupled with a 44,000 upward revision to the prior two months, left payroll employment just about where the market expected.
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Avery Shenfeld
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Look for the Fed to leave its poker-face statement unchanged.
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Avery Shenfeld
If, as we expect, the economy were to show signs of a slowing by May, the Fed will want to give it the benefit of the doubt by standing pat at that point.
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Avery Shenfeld
Looking only at 'affected areas' could understate the storm impacts, due to linkages between ports and more distant facilities.... we know that jobless claims have fallen off sharply as we moved past the storm impacts, another hint of underlying labor market vitality.
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Avery Shenfeld
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