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Deutsche Bank Remains Bullish on U.S. Labor Outlook Despite Big Jobs Miss

August 29, 2023
in Trade Tube
Reading Time: 1 min read
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Despite the most bullish Wall Street forecast for the December jobs report, which reported far below consensus expectations, Deutsche Bank Senior Economist Carl Riccadonna tells TheStreet’s Joe Deaux that they remain optimistic about the U.S. labor situation. Riccadonna says the weak jobs report likely won’t affect Federal Reserve policymakers this month when they reconvene to discuss whether they will continue to taper the economic stimulus program.

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