Strong labour market complicates Fed outlook

- Central Banking Newsdesk
- 08 Jul 2019

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Markets remain almost certain that the Federal Reserve will cut its policy rate at the July 30–31 meeting, but unexpectedly strong labour market figures are adding fresh complications to what is already a complex decision.

Non-farm payroll figures released on July 5 were substantially higher than expected, with 224,000 jobs added in June, comfortably above the consensus forecast of 160,000. Unemployment ticked up to 3.7% amid a small rise in participation.

The stronger economic data sent

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to print this content. Please contact info@centralbanking.com to find out more.

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com