Recapping comments from Goldman Sachs chief economist Jan Hatzius to CNBC after the US NFP on Friday.

  • We’re growing at a below-trend pace that’s necessary to rebalance the economy.
  • Wage growth is gradually decelerating, price inflation is pretty quickly decelerating.
  • I think that should be encouraging for a soft landing

There is a 6 minute video of the interview on the CNBC site, but it is gated.

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Friday, ICYMI:

nonfarm payrolls December 2022 chart

NFP headlines going back to 2020