🚨 BREAKING: U.S. August jobs data beat expectations, but underlying hiring remains relatively weak.
📊 NFP: +162K vs. +56K expected
📉 Unemployment: 4.1%
💵 Wage growth slowed to 3.1%
👉The data boosted odds of a Fed rate hike later this year, with September hike odds rising to 58.6%.
⚠️ But August inflation data could be the deciding factor.
👉HAVE A NICE WEEKEND!
📊 NFP: +162K vs. +56K expected
📉 Unemployment: 4.1%
💵 Wage growth slowed to 3.1%
👉The data boosted odds of a Fed rate hike later this year, with September hike odds rising to 58.6%.
⚠️ But August inflation data could be the deciding factor.
👉HAVE A NICE WEEKEND!
