Expect "Sizeable Revisions" in Jobs Data, Inflation Gives FOMC Little "Room to Run"
Schwab Network · Schwab Network
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Show Notes
Today's @CharlesSchwab Big Picture panel turns to the slew of economic data that will trickle into markets now that the U.S. government has reopened. Kathy Jones makes the case that the September jobs report expected Thursday will see heavy revisions due to the risk of it already being outdated. She also explains how "too high" inflation doesn't give the FOMC "room to run" for a December interest rate cut.
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