The August Labor Market Report To Cement The September Fed Hike
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5 Articles
Crypto Briefing
Cryptocurrency News | Cryptocurrency Prices | Market CapEconomists expect August job rebound to let the Fed zero in on inflation
A job rebound could shift the Fed's focus solely to inflation, potentially leading to tighter monetary policy and impacting bond markets. The post Economists expect August job rebound to let the Fed zero in on inflation appeared first on Crypto Briefing.
According to ChainCatcher, economists expect the U.S. Bureau of Labor Statistics' monthly jobs report, to be released Friday, to show a 55,000 increase in nonfarm payrolls in August, following an unexpected decline in July. If this is the case, the result would be roughly in line with the average monthly increase this year. The unemployment rate is expected to remain at 4.1%. Analyst Anna Wong stated that Warsh's hawkish speech in Jackson Hole i…
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