FRED:UNRATE Civilian Unemployment Rate
The Fed's rate hike timing is 'data dependent'. Few data points are as comprehensive and influential for determining than the BLS's monthly labor statistics. The rate is good for the element of the mandate, but there is also an gauge: wage growth. Will this data offer enough of a push to shift expectations - hawkish or dovish?
Very nice chart! It's good to learn about the 'FRED' data source. Thanks for your excellent work, John. I always love reading your posts and watching your DailyFX videos on YouTube. You help me to be prepared for what *will* happen, instead of always having to ask, "what happened?!" :)