$TRUMP
$XAU #ZECHitsANewAllTimeHigh #USAugustJobGrowthNearlyTriplesForecast #USAugustAvgHourlyEarningsRise3.1% #USAugustNonfarmPayrollsDueToday What does the U.S. jobs report mean for the Fed's anticipated policy?
- The U.S. economy added 162,000 jobs in August, exceeding all market expectations, with upward revisions of 55,000 jobs to data from the previous two months. With Federal Reserve Chairman Kevin Warsh describing the U.S. economy as being at full employment, this result has pushed up expectations for a September rate hike, although the final decision will depend on inflation data due to be released next Friday.Strong job gains and unemployment rate stability at low levelsToday, strong U.S. labor market data for August was released, making a September interest rate hike by the Federal Reserve somewhat more likely. Nonfarm payrolls rose by 162,000 jobs, with upward revisions of 55,000 jobs to data from the previous two months. Expectations had pointed to a total increase of only 55,000 jobs.
$XAU #ZECHitsANewAllTimeHigh #USAugustJobGrowthNearlyTriplesForecast #USAugustAvgHourlyEarningsRise3.1% #USAugustNonfarmPayrollsDueToday What does the U.S. jobs report mean for the Fed's anticipated policy?
- The U.S. economy added 162,000 jobs in August, exceeding all market expectations, with upward revisions of 55,000 jobs to data from the previous two months. With Federal Reserve Chairman Kevin Warsh describing the U.S. economy as being at full employment, this result has pushed up expectations for a September rate hike, although the final decision will depend on inflation data due to be released next Friday.Strong job gains and unemployment rate stability at low levelsToday, strong U.S. labor market data for August was released, making a September interest rate hike by the Federal Reserve somewhat more likely. Nonfarm payrolls rose by 162,000 jobs, with upward revisions of 55,000 jobs to data from the previous two months. Expectations had pointed to a total increase of only 55,000 jobs.
