Thursday, April 05, 2018

Friday: Employment Report, Speech by Fed Chair Jerome Powell

by Bill McBride on 4/05/2018 06:56:00 PM

On the impact of weather from Chicago Fed economist Francois Gourio

"Updated weather effect estimates - weather should lower NFP in March by 60K according to our preferred model - a payback from unusually warm February"
My March Employment Preview

Goldman: March Payrolls Preview

Friday:
• At 8:30 AM ET, Employment Report for March. The consensus is for an increase of 175,000 non-farm payroll jobs added in March, down from the 313,000 non-farm payroll jobs added in February. The consensus is for the unemployment rate to decrease to 4.0%.

• At 1:30 PM, Speech by Fed Chair Jerome Powell, Economic Outlook, Watch Live on YouTube, At the Economic Club of Chicago, Chicago, Illinois

• At 3:00 PM, Consumer Credit from the Federal Reserve. The consensus is for consumer credit to increase $15.0 billion in February.