Economist Feroli Says Jobs Report Won't Affect Fed Much

The transcript discusses the potential impact of storm effects on an upcoming report, analyzing employment numbers and their implications. It considers how these numbers might influence future Federal Reserve decisions, particularly in December. The discussion also touches on upcoming reports, economic growth, and the importance of the inflation story over growth momentum.

What is the expected range of figures for tomorrow's report?

• Between 50,000 and 150,000

• Between 100,000 and 200,000

• Between 75,000 and 125,000

• Between 25,000 and 75,000

Why might tomorrow's report be considered 'noisy'?

• Due to unexpected economic growth

• Because of storm effects

• Due to new employment laws

• Because of changes in tax policies

What is the significance of the upcoming CPI report?

• It will provide insights into inflation trends

• It will assess the impact of recent storms

• It will determine the next interest rate hike

• It will predict future employment rates

How many reports will be available before the December Fed meeting?

• Four

• Three

• Two

• One

What is the current state of growth momentum in the US?

• It is highly volatile

• It is declining rapidly

• It is stagnant

• It is showing decent growth