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BlackRock's Jeff Rosenberg says August jobs beat puts CPI in the hot seat for Fed's September call
BlackRock's Jeff Rosenberg says August's 162,000 payrolls beat makes the September 11 CPI report the key factor in the Fed's rate decision.
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cfodive.com
Hiring beats forecasts, enabling Fed to focus on curbing inflation
Soon-to-be-released inflation “reports have the power to decide whether the Fed hikes or holds,” Fifth Third Commercial Bank Chief U.S. Economist Bill Adams said.
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cryptobriefing.com
US stock futures turn mixed after stronger-than-expected August jobs report
August nonfarm payrolls surged to 162,000 against a 53,000 consensus, sending Fed rate hike odds to 59% and rattling equity futures markets.
