The Numbers
The Fed’s “Told You So” Moment
Friday’s US employment report was a monumental miss. Total nonfarm payroll employment increased by 266 thousand in April, a fraction of the 1 million expected by the consensus. Adding to the downbeat tone of the report is the 146 thousand downward…
Interested in reading the full Daily Insight?
Read the full insight with instant access.
BCA Research | Daily Insights
Concise macro insight that cuts through daily noise, helping clients stay informed on what matters in markets, why it matters, and how to talk about it, without spending hours reading research.
Stay Connected with BCA
Get our latest events and research insights delivered to your inbox.