EPISODE · Jul 9, 2023 · 14 MIN
US jobs relief, inflation data this week
from NAB Morning Call
Monday 10th July 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets will have breathed a collective sigh of relief on Friday when the US non-farm payrolls read came in below consensus, after the worrying upside surprise in the earlier ADP employment numbers. NAB’s Skye Masters says it doesn’t change the path for the Fed, though, particularly as the unemployment rate fell in Friday’s numbers. Elsewhere, Janet Yellen continued to sound hawkish, saying the need was to focus on company profits alongside rising wages. US CPI is the key data release this week. Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Monday 10th July 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets will have breathed a collective sigh of relief on Friday when the US non-farm payrolls read came in below consensus, after the worrying upside surprise in the earlier ADP employment numbers. NAB’s Skye Masters says it doesn’t change the path for the Fed, though, particularly as the unemployment rate fell in Friday’s numbers. Elsewhere, Janet Yellen continued to sound hawkish, saying the need was to focus on company profits alongside rising wages. US CPI is the key data release this week. Hosted on Acast. See acast.com/privacy for more information.
NOW PLAYING
US jobs relief, inflation data this week
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.