US Non-Farm Employment Data was announced as 263,000. According to experts, when the employment data is considered, drastic changes can be seen in the US’s interest rate strategy in the next period.
According to the news made by The Wall Street Journal, the US Non-Farm Employment Data announced as 263,000. future interest rates can play a critical role in Authorities who want to balance the economic structure, in order to establish this balance, at the next meeting. high interest rate hike they can take the decision. It seems that a gradual cooling pattern in the labor market will continue as high inflation and rising interest rates put pressure on the economy. However, the long-term effects of this strategy on inflation may be much deeper.
Measures the percentage of adults working or looking for a job, according to experts labor force participation rate data this fall in September, the Federal Reserve’s can complicate the fight against inflation. Because the labor market needs more workers competing for jobs to cool wage growth and increase overall productivity, economic strategies may need to be drastically changed if this is not achieved.
Following the employment data released by the USA cryptocurrencies and stocks While there are decreases in US dollar index and in treasury returns There was a notable increase.