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Aug 4, 2023 52 min

Near Perfect, New Probability

from Moody's Talks - Inside Economics Hosted by Mark Zandi, Cris deRitis, Dante DeAntonio

It’s jobs Friday, and Mark, Cris and Dante discuss the near perfect (Dante’s description) July employment report. Job growth remains strong, but it is moderating, and should help convince the Federal Reserve that its interest rates hikes are over. The group identified a few nits in the numbers, but the report was so good Cris lowered his odds the economy will suffer a recession in the coming year. For the full transcript, click here Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight. Questions or Comments, please email us at [email protected]. We would love to hear from you. To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

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What this episode covers

It's jobs Friday, and Mark, Cris and Dante discuss the near perfect (Dante's description) July employment report. Job growth remains strong, but it is moderating, and should help convince the Federal Reserve that its interest rates hikes are over. The group identified a few nits in the numbers, but the report was so good Cris lowered his odds the economy will suffer a recession in the coming year.

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Near Perfect, New Probability

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How long is this episode of Moody's Talks - Inside Economics?

This episode is 52 minutes long.

When was this Moody's Talks - Inside Economics episode published?

This episode was published on August 4, 2023.

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