🚨 Next week could completely change the Federal Reserve’s decision on interest rates in October.
Monday: U.S. markets reopen as fighting with Iran continues and uncertainty lingers over a potential deal on the horizon, impacting oil prices and inflation.
Tuesday: A decline in the number of job openings in the August JOLTS report, giving the Federal Reserve a fresh look at whether the labor market is weakening or improving.
Wednesday: The August PCE inflation report is released, along with the final estimate for the gross domestic product for the second quarter.
The Federal Reserve will receive new data on inflation and growth at the same time.
Thursday: The September ISM manufacturing index is released.
August was 54.6, and a higher reading means higher economic activity.
Friday: The September jobs data is released, including the unemployment rate, which is another key component of the Federal Reserve’s labor-market picture.
Inflation data, GDP, jobs, and manufacturing will all be released in the same week.
Any signs of a strong labor market and rising inflation will almost certainly lead to confirming another 25-basis-point interest rate hike in October.
Monday: U.S. markets reopen as fighting with Iran continues and uncertainty lingers over a potential deal on the horizon, impacting oil prices and inflation.
Tuesday: A decline in the number of job openings in the August JOLTS report, giving the Federal Reserve a fresh look at whether the labor market is weakening or improving.
Wednesday: The August PCE inflation report is released, along with the final estimate for the gross domestic product for the second quarter.
The Federal Reserve will receive new data on inflation and growth at the same time.
Thursday: The September ISM manufacturing index is released.
August was 54.6, and a higher reading means higher economic activity.
Friday: The September jobs data is released, including the unemployment rate, which is another key component of the Federal Reserve’s labor-market picture.
Inflation data, GDP, jobs, and manufacturing will all be released in the same week.
Any signs of a strong labor market and rising inflation will almost certainly lead to confirming another 25-basis-point interest rate hike in October.
