Traders are bracing for inflation data at 1330 GMT, with headline U.S. inflation expected to hit an almost four-decade high of 7% year-on-year in December, and core inflation seen at 5.4%
Traders are bracing for inflation data at 1330 GMT, with headline U.S. inflation expected to hit an almost four-decade high of 7% year-on-year in December, and core inflation seen at 5.4%
Traders are bracing for inflation data at 1330 GMT, with headline U.S. inflation expected to hit an almost four-decade high of 7% year-on-year in December, and core inflation seen at 5.4%
Fed Chairman Powell says if we have to raise rates more over time, we will Says the US will probably remain in a period of very low interest rates - At some point, later in 2022 the Fed will allow the balance sheet to shrink - Need to focus on inflation a little bit...
Last week, the US Nonfarm Payrolls rose by 199,000 last month, well short of the 400,000 estimate. However, the US unemployment rate falling to 3.9% against expectations of 4.1% while earnings rose by 0.6%, indicating tightness in the labor market. Federal Reserve meeting minutes pointe...
Today data pointed to weaker-than-expected job growth last month, further fueling bets of an aggressive monetary policy tightening by the Federal Reserve The Labor Department report showed nonfarm payrolls increased by 199,000 jobs in December, although the unemployment rate dropped to...
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December Payrolls Miss Again, Just 199K Jobs Added, Fewest Since December 2020 Non-Farm Payrolls +199K vs. +400K expected 3.9% vs. 4.1% unemployment rate 0.6% vs. 0.4% average earninigs
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