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Preview: February non-farm payrolls by the numbers
The February non-farm payrolls report will be released on Friday at 8:30 am ET (1330 GMT) and it's a big one. Fed Chairman Jerome Powell specifically cited non-farm payrolls along with CPI and PPI as upcoming data points that will determine whether they hike rates by 25 bps or 50 bps. Currently, the market is pricing in a 64% chance of 50 bps but there will be a big swing based on the results of the jobs report.
- Consensus estimate +205K (range +78K to +325K)
- Private +210K Read More
Posted: Mar 9 2023, 19:02
Author Name: forexlive
Views: 082194