The Fed's rate hike timing is 'data dependent'. Few data points are as comprehensive and influential for determining monetary policy than the BLS's monthly labor statistics. The unemployment rate is good for the employment element of the mandate, but there is also an inflation gauge: wage growth. Will this data offer enough of a push to shift interest rate...
October was the ninth consecutive month where the headline payrolls figure came in above 200k, rendering this year’s January to October period the strongest in fifteen years. The US NAIRU may be 5.2% or it may be 5.7%. But wherever it lies, the actual unemployment rate is moving swiftly towards it.
Friday’s Employment Situation Report showed that the US economy...
Tomorrow will be published the highly expected NFPR and unemployment rate, we are almost about the rate that FED had signaled before December as a threshold for keep the rates ultra-low, even when now this guys have declared the rates will keep ultra-low well long after the the 6.5% had been breached the rate of unemployment still a significant measure (the best...
