Jobs Data Puts Fed In 'Good Spot': TD Securities' Brooks

TD Securities’ Molly Brooks says the Fed is in a “goldilocks” setup as softening US labor data reduces the urgency to hike rates. The takeaway is less near-term pressure on policy rates, though no specific rate decision or magnitude is provided.

Analysis

TD Securities’ Molly Brooks says the Fed is in a “goldilocks” setup as softening US labor data reduces the urgency to hike rates. The takeaway is less near-term pressure on policy rates, though no specific rate decision or magnitude is provided.