Quotes from Lloyds Bank US payrolls are forecast to grow by more than 200k in February for the 12th successive month. Our forecast is for a 245k rise, less than last month but still more than sufficient to continue to pu…
US payrolls are forecast to grow by more than 200k in February for the 12th successive month. Our forecast is for a 245k rise, less than last month but still more than sufficient to continue to push unemployment lower.The unemployment rate is forecast to fall back to its post-recession low of 5.6%, after a modest rise last month that was due to increased labour market participation.
The monthly earnings data are less reliable than other wage measures but receives plenty of attention because it is timelier.
It rose sharply in January after disappointing in December. A further rise in February would be an indication that wages are starting to move up.
Walmart's recent announcement that it is boosting wages is anecdotal evidence of emerging pressures and certainly this is something that the Fed will be watching closely.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
