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June Fed hike? The data-dependent Federal Open Market Committee (FOMC) is awaiting the NFP

June Fed hike? The data-dependent Federal Open Market Committee (FOMC) is awaiting the NFP
The jobs report from the US is due at 1230 GMT / 0830 US Eastern time. Previews:By the numbers: May non-farm payrolls preview -- 14 in a row?Non-farm payroll preview - Morgan Stanley looking for +170K, 3.4% jobless rateAnalysts at Bank of Montreal note that the report is important for the June (13 - 14) FOMC meeting:As newly nominated Vice-Chair Jefferson voiced his support for patience, but said a pause in June does not rule out future hikes, the market’s sentiment has swung increasingly in f... Read More
Posted: Jun 1 2023, 22:02
Author Name: forexlive
Views: 081333

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