Huatai Sees December Fed Hike as Base Case After Weak Jobs Report
5 Articles
5 Articles
The job creation in the US disillusioned in September, with only 29,000 new jobs facing an expectation of 84,000, while the unemployment rate rose marginally to 4.2%. This reading gives strength to the members of the Federal Reserve who intend to keep interest unchanged at the next meeting, with the market expectations already adjusting in this sense. The numbers released by the Department of Labour Statistics point to a job creation much below …
Fed Rate Hike Seen Delayed to December
A US jobs report released Friday, showing a sharper-than-expected slowdown in hiring, strengthened expectations that Federal Reserve policymakers will refrain from delivering a second consecutive interest rate hike this month, giving them more time to assess additional economic data before making another decision.
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