Fed’s “Hawkish” Rate Cut Raises New Questions For Policy Outlook
The Federal Reserve cut interest rates by a ¼-point yesterday, as expected.
Is Thanksgiving Seasonality Masking A Possible Longer Term Positive Regime Change In Jobless Claims?
This week’s update of initial and continuing jobless claims is a demonstration of two frames of seasonality: one in the immediate term, and one longer term stretching back several years.