(Bloomberg) – Federal Reserve policymakers’
One of the most anticipated events this week is Powell’s discussion on the US economic outlook at a National Association for Business Economics conference. Additionally, the September jobs report is expected to reveal a robust labor market that is showing signs of moderation.
Economists predict that payrolls in the US will increase by 146,000, similar to August’s numbers, resulting in three-month average job growth remaining close to its lowest point since mid-2019.
The unemployment rate is likely to stay at 4.2%, with average hourly earnings expected to
Given recent labor disputes, it is suggested that Friday’s jobs report could be the final clear indicator of the state of employment in the US before any potential Fed actions…
2024-09-29 08:14:58
Original article available at finance.yahoo.com
