The Fed has pinned the big chunk of their ability to raise rates and fight inflation on the fact that the jobs data continues to be very strong, says Dan Deming. He discusses the GDP report for 1Q, 2022 which was released today, May 26th. He also talks about the jobless claims for the week of May 21st, where was also released today. He then looks at movement in crude oil futures (/CL), copper futures (/HG), and Bitcoin futures (/BTC). Tune in to find out more.
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26 May 2022
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