Goldilocks Payrolls Data May Preview A Massively Bullish CPI Report

Carpenters smile and give high fives

Yoshiyoshi Hirokawa

The latest non-farm payrolls report showed the U.S. added +223k jobs in December, above expectations of 200k, and slightly below the 256k November result. What was more critical in the data was the hourly earnings trend, coming in at a cooler 0.2% monthly

CPI data

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