Howard Schneider

different view of the same idea as a timeline...Really wonder what would have happened without covid, whether there would have been a full block of blow 4% unemployment....https://t.co/65F67svZDp

Unemployment rate is getting back into the meat of the distribution, which I guess is what a "soft landing" requires, but also emphasizes how different this period has been...@ReutersBiz https://t.co/cviIrxHnwc

answered before it was asked... https://t.co/njgGPi30qb

Punchbowl News @PunchbowlNews

🎙️ Ever pondered the potential of a digital dollar? Our financial services reporter & co-author of The Vault @BrendanPedersen just posed a crucial question to Federal Reserve Chair Jay Powell about the Fed's stance. Follow the discussion now! 💡 https://t.co/A0urIF8wE1

Flagged this after the q2 numbers, as did people like Feroli and @lhmeyermacro among others. Interesting that Powell kind of tucked it into his press conference...Important if it sticks.... https://t.co/S2tb7acY1E

For anyone who wants to geek out on Fed budgets... https://t.co/i0E5TB5JKd

Soft landing is the new recession...From Cleveland Fed staff... "The increase in wage growth largely reflects the pass-through of higher inflation and does not reflect labor market imbalances." https://t.co/ROjLMPhd96

Any thoughts about whether @Austan_Goolsbee and the Golden Path to a Soft Landing is a nod to Aristotle, Elton John, the Wizard of Oz, the Grateful Dead, the Shining Path or something altogether different...To catchy not to have a reference...

Some Humphrey Hawkins walk on music for Powell (and no it is not the Grateful Dead...saving "Ripple" for the day the soft landing is complete)... https://t.co/5xP6U8gPxq

Yea...About those 2024 rate cuts... https://t.co/hPi9DZ3USJ

Why I love my job.. Omair Sharif (Inflation Insights): "Retail Sales: A Fatigued Consumer".... Oren Klachkin (Oxford Economics): "Consumers refuse (to) throw in the towel."

While everyone is caught up in the Fed day outcome, take a spin back over how they got from the first glint of inflation to the first hold. Powell's language tells an interesting tale, in a familiar form. https://t.co/OnV6rIogeU

Once you build the coop, fence it in, heat it, figure how to keep the raccoons and snakes out, see how the raccoons and snakes get in anyway, I am not sure the price per dozen works out...They should put a label on each chick...Past results are no guarantee of future performance.

Steve Matthews @SteveMatthews12

Tractor Supply sales of chicks are booming as customers avoid inflation in egg prices (though prices have come down.)

Talked occupations post-pandemic on the Reuters podcast today. Some nice graphics from the latest OEWS... https://t.co/ziBnGDkz1p

Never say never right...but new @NYFedResearch suggests the run dynamics in mid-march were very narrowly confined... https://t.co/6ZXFQpuURc

shall we call it a wrap then? https://t.co/SAMhY3msLC