November Non-Farm Payroll ​Eve: Easing Inflation And Fed Signals

2023-12-06 | Fed Rate Hike ,Federal Reserve ,Inflation ,Non-Farm Payroll

The upcoming release of the U.S. non-farm payroll data for November is scheduled for this Friday, December 8th, 2023.

Amidst signs of easing inflation and a slowing labor market in the U.S., multiple Federal Reserve officials suggest that immediate rate hikes may not be necessary. Yet, a pivotal question persists: If the non-farm data unexpectedly shows strength, will the Fed uphold its present position?

Let’s also examine the other significant economic data set to be released in the upcoming days alongside the non-farm payroll data from the prrevious months.

November Non-Farm Payroll ​Eve

Current AffairsIconBrandElement

article-thumbnail

2024-12-24 | Current Affairs

Asia Markets Surge on Easing US Inflation Concerns

TODAY’S NEWS Asian shares surged on Monday thanks to a benign reading on U.S. inflation that restored hopes for potential policy easing next year. There was also relief that Washington managed to avoid a government shutdown. With last week’s central bank decisions behind, the current week is much quieter with only the minutes of a few of those […]

article-thumbnail

2024-12-20 | Current Affairs

Senators Urge Biden to Delay ByteDance’s TikTok Sale Deadline 

Two U.S. senators, Democrat Ed Markey and Republican Rand Paul, are calling on President Joe Biden to grant ByteDance a 90-day extension on the January 19 deadline for selling TikTok’s U.S. operations or facing a nationwide ban. The senators emphasized that the legal uncertainties surrounding the case and its potential impact on free speech warrant more time. 

article-thumbnail

2024-12-20 | Current Affairs

Amazon Workers Strike at Warehouses During Holiday Rush

Thousands of Amazon.com workers are set to walk off the job on Thursday at 6 a.m. ET (1100 GMT) at several key U.S. warehouses, just days before the peak of the holiday shopping season. The strike was called after union officials accused the e-commerce giant of failing to engage in contract negotiations.