- Morgan Stanley's views align with the FED's stance on oil shocks, noting that production cuts in Saudi Arabia caused oil prices to rise.
- The FED, through its FOMC, is operating amidst Middle East tensions that are driving up oil prices, with expert analysis from Morgan Stanley.
- Fed action is contingent on future inflation numbers and labor market data, influencing rate hike expectations and financial market commentary.
- Elise Gould comments on the BLS job growth report as Fed officials review the data.
Scott Bessent cited BLS jobs report data for White House forecasts while Elise Gould works for the Economic Policy Institute.
1 report, 1 independent
Updated Nov 4
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Scott Bessent cited BLS jobs report data for White House forecasts while Elise Gould works for the Economic Policy Institute.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Scott Bessent
United States Secretary of the Treasury
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Bureau of Labor Statistics
US government agency
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Elise Gould
American economist
Nothing else this week.
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- NPR reported the latest unemployment data released by the Bureau of Labor Statistics.
- TD Securities utilized Bureau of Labor Statistics data to generate forecasts regarding dollar movement.