BlackRock’s 'Yellen Index' (our gauge of 10 key labor market indicators closely followed by the Fed) has picked up, but it’s well below the level before the Fed’s December rate rise, as the chart shows.

Source: BlackRock Investment Institute

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Chart: Markets start fearing the next US Fed move. Stronger U.S. jobs data fueled speculation earlier this month of more Federal Reserve (Fed) rate hikes. Such expectations were overblown. BlackRock's Yellen Index (BR gauge of 10 key labor market indicators closely followed by the Fed) has picked up, but it's well below the level before the Fed's December rate rise, as the chart shows. But it is not too convincing? Source: BlackRock Investment Institute Market Comment Political & Economic News Today's Economic Events Today's Stock Results Recent ML Reports Key Comment
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