Averting a “Catastrophe”

(1) Fairy Godmother and Godfather. (2) Charles Evans is an influential and patient member of the FOMC. (3) Is the Fed more or less patient than Evans? (4) Normalization looking less likely this year to us. (5) See you after April 28-29 FOMC meeting. (6) Stronger dollar could hurt. (7) Wage inflation heading in the wrong direction. (8) Wage weakness: Noise or signal? (9) Despite solid job gains, workers continue to drop out of labor force. (10) “Wild” (+ + +).