Labyrinth Capital
labyrinthcapital.co.uk Keeping you informed and up to date with the latest developments within the financial markets, minus the unnecessary economics jargon. NFA
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NFP today at 1:30pm.
191k forecast
Unemployment rate to stay steady at 4%.
Avg hourly earnings to drop to 0.3%
Markets will want more unemployed
labyrinthcapital.co.uk
❤ 8
FED'S POWELL: MOST PEOPLE THINK WE'RE NOT GOING BACK TO THE ULTRA-LOW RATES OF THE RECENT PAST, BUT NOBODY REALLY KNOWS.
Thanks JPow very cool!
🤣 7
One bad NFP report away from talks of money printer and excessive cuts
🤠
❤ 6
FED'S POWELL: IF LABOR MARKET UNEXPECTEDLY WEAKENS, THAT WOULD ALSO CAUSE US TO REACT.
FED'S POWELL: WE ARE WELL AWARE OF RISK OF CUTTING TOO SOON AND TOO LATE.
Translation: we will wait for it to be too late
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