Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
Atlanta Fed President Raphael Bostic said Thursday he foresees a payrolls report coming in Friday in the range of 1 million, but that wouldn't be enough to convince him to start talking about tapering bond buys.
"I'm just going to keep my head down," he said, adding that any number tomorrow short of 6 million jobs would not be enough. Bostic spoke to reporters after giving remarks at a Consumer Financial Protection Bureau research conference.
Recruiters and industry experts told MNI job growth surged in April. The Bloomberg consensus forecast is for 1 million new payrolls.
Bostic added it will be "tough to get a clear signal on inflation for the next couple of months" and right now "it is really too soon to tell" whether there is shift in underlying inflation dynamics. Bostic said his regional bank is predicting around 2.4% to 2.5% inflation this year, before falling to 2.2% next year and 2.1% after that.