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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
US
- We find that most indicators—particularly those measuring labor markets—provide strong evidence that the U.S. economy did not fall into a recession in the first quarter.
- "While not listed among the indicators considered by the NBER committee, the unemployment rate is also among the indicators pointing to labor market strength through the first half of 2022 (Chart 5, Panel B). It has declined from 3.9 percent in December 2021 to 3.6 percent in March 2022, where it has held steady through June. By month six, every other recession incurred an unemployment rate increase of at least 0.3 percentage points."
- It builds on most recent comments from Cleveland Fed's Mester on not seeing a broad-based rolling pullback in activity across sectors.
- Link: https://www.dallasfed.org/research/economics/2022/0802
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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