6th September 2024

  • US Jobs Report May Show Hiring Bounce, Decide Size of Fed Cut

Forecasters see payrolls up by 165,000, 4.2% unemployment rate

Last month’s report sparked growth scare in financial markets

https://blinks.bloomberg.com/news/stories/SJAT7ST1UM0W

  • Wall Street’s Big Bet on Jumbo Fed Cuts Hangs on Jobs Report (1)

Uncertainty about what Fed will do Sept. 18 remains high

A broader consensus by end of week is the historical norm

https://blinks.bloomberg.com/news/stories/SJCUKVT1UM0W

  • US Companies Add Fewest Number of Jobs Since 2021, ADP Data Show

Private payrolls rose 99,000 in August after 111,000 July gain

Wage growth was flat for both job changers and stayers

https://blinks.bloomberg.com/news/stories/SJCACYT1UM0W

  • Macron Names Former Brexit Czar Barnier as France’s Premier (2)

The pick comes after months of political chaos in France

Barnier will now be faced with forming a new government

https://blinks.bloomberg.com/news/stories/SJCBC5DWLU69

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