Gold Ten Data, August 2nd news, Canadian Imperial Commercial Bank: The July non-farm payroll was just a single data point, but after other weak reports in the past week, today’s labor market news further proves that the unexpected rise in the second quarter is giving way to a less optimistic atmosphere this summer. The Fed’s rate cut in September is already a fact, and it has been in our forecast, but we must consider another 25 basis points cut in addition to our current forecast (only two rate cuts from now until the end of the year). However, before the Fed makes a decision, there is a lot of data to be released, and the trend of the CPI will also be an important consideration for future rate cuts.
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Yatırım bankacılığı: Tarım dışı istihdam elbette önemlidir, ancak TÜFE eğilimini de göz önünde bulundurmak gerekmektedir.
Gold Ten Data, August 2nd news, Canadian Imperial Commercial Bank: The July non-farm payroll was just a single data point, but after other weak reports in the past week, today’s labor market news further proves that the unexpected rise in the second quarter is giving way to a less optimistic atmosphere this summer. The Fed’s rate cut in September is already a fact, and it has been in our forecast, but we must consider another 25 basis points cut in addition to our current forecast (only two rate cuts from now until the end of the year). However, before the Fed makes a decision, there is a lot of data to be released, and the trend of the CPI will also be an important consideration for future rate cuts.