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| | | ... the report would be sliced, diced and scoured for conflicting or confirming signals of the true state of the US labour market. And if these aren't enough to get the market sentiment seesaw going, a number of Fed officials - Janet included - are scheduled ... |
| | | | ... Irene have seen the data alright and they paint a picture of a US economy that's growing above trend with a strong labour market but also with below-target inflation. We should be happy with Jan, that she opted to err on the side of caution. The driving ... |
| | | | ... 5.1% in August (way ahead of Fed staff central tendency projections of 5.2% - 5.3% by December this year). A strong labour market will lift confidence and consumption and then inflation. Inflation says no. Annual headline inflation was only 0.2% in July ... |
| | | | ... threw a bone to every dog of every persuasion which means, it provided nada, zilch, zippo. However, subsequent US labour market indicators point to continued strength. The Job Openings and Labor Turnover Survey (JOLTS) report - released after the payrolls ... |
| | | | ... even before the Fed consider the international environment and financial markets. But what's the Fed to do when the labour market says go but inflation says no? |
| | | | ... information were consistent with the momentum in consumption growth being sustained." Perhaps, better. "Members noted that labour market conditions had been a little better than expected over the previous few months, although spare capacity still remained". ... |
| | | | ... number remains above the 200K - the level of new jobs growth widely considered as the baseline for an improving labour market. More, the jobs miss in July was due to the upward revision in employment gains in June, which together with May, increased ... |
| | | | ... improvement in the labor market..." For Bloomberg, it was all about the dropping or adding of "modifiers". "The labour market continued to improve, with solid job gains and declining unemployment," the Federal Open Market Committee said in a statement ... |
| | | | ... from among the details of the payrolls report - and I doubt not that we can find a few that points to an improving labour market. But we don't have to do that. The Fed has already done it for us. And its name is the Labor Market Conditions Index - as ... |
| | | | ... participation rate from 64.7% in May to 64.8 - an indication of workers' optimism over finding a job. The improvement in the labour market is consistent with the lead from the ANZ job ads survey and the recent sharp improvement in business confidence. ... |
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