US job growth strong in October, but cracks emerging
A strong job market will make it tougher for the Federal Reserve to curb inflation which is at multi-decade high.
Source: aljazeera.com
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U.S. Job Openings Jump In September; Raw Material Prices Fall In October
U.S. job openings unexpectedly rose in September, suggesting demand for labor remained strong, which could temper financial market expectations that the Federal Reserve would dial back its aggressive
Source: ibtimes.com
US job openings jump in September
The unexpected rise in job openings fuels expectations that US Fed will continue to hike rates to cool inflation more.
Source: aljazeera.com
Rise in US consumer spending beats expectations as wage inflation slows
Data keeps Fed on track to hike interest rates by another 75 basis points next week
Source: gulfnews.com
High PCE and firm worker compensation point to 75 bps hike
The PCE rose 6.2% for the year and 0.3% for the month, signaling another 75 bps hiked by the Fed in next week's meeting.
Source: invezz.com