Two reports and a balance sheet: Payrolls: headline +253k, expected +178k; avg hourly earnings +0.5%, expected +0.3%. Expansionary. PMI Manufacturing: 50.2, expected 50.4; weak – contractionary. Fed Balance Sheet: -58.7B w/w, previous -30.5B. Deflationary. The Fed raised rates at this week’s meeting by 25 bp to 5.08%. Is Powell going to raise rates again? CME […]from Peak Prosperity https://ift.tt/DRKepm8
