The Federal Reserve Chairman continued to play a familiar tune Wednesday. “Given the strength of the economy and progress on inflation, we have time to let the data that comes in guide our policy decisions,” he said in a speech at Stanford University.
Thursday brought new data on weekly jobless claims for Powell and his colleagues. Economists believe the number will be 214,000, slightly higher than the previous week but in line with the average over the past six months - and unlikely to be commensurate with the faltering labor market.
Then comes the big deal on Friday: March nonfarm...
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