The Federal Reserve has insisted in recent days that one of the main variables analyzed before approving the expected rate hike will be the evolution of the US labor market. Hence the expectation that generated in markets publication, at 14:30 Spanish time, the official jobs report from the United States.
The forecasts of analysts expected a pace of job creation in July top of the 200,000 new jobs. The consensus shuffling an upcoming figure to 220,000 new jobs. Finally July deparó 215,000 new jobs, roughly in line with expectations.
The estimates of investment firms did not provide any change in the unemployment rate, and as expected, it has remained at 5.3% last June.
The data resulting from official employment report reinforced expectations of a rise in interest rates in September. Weaker data could be ‘delayed’ shuffled deadlines for the expected rise in interest rates.
After the last meeting of the Federal Reserve’s president, Janet Yellen, kept his message of optimism about the evolution of the US economy, especially on the labor market.
At its meeting in late July, the Fed voted unanimously to leave unchanged the interest rates, immovable between 0% and 0, 25% since 2008.
No comments:
Post a Comment