Parsing the Jobs Numbers for Signs of a Soft Landing for the Economy
This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, economics enterprise reporter Rich Miller previews tomorrow’s jobs report and looks behind the numbers. Sign up here and follow us at @bpolitics. Email our editors here.
When it comes to the economy, the best result for Federal Reserve Chair Jerome Powell — and for that matter, President Joe Biden — would be something that’s known as a Goldilocks outcome: Not so hot that it stokes inflation and not too cool that it presages a recession.