After Powell's speech, some reporters speculated that he may have already grasped the US September employment report.
CNBC reporter Steve Liesman made an interesting comment after Powell attended the National Association for Business Economics conference: heard an interesting question during the Q&A session. The September employment report has been completed, and I can only say that there are some rumors circulating in the corridor, all asking "Has Powell received the employment report? Has the Fed received the report?" We don't know, he himself did not disclose, but we always feel that he may - probably already have it in hand. Adam Button, an analyst at the American financial website investinglive, also said that Powell's remarks seem to imply the content of the report: data since the July meeting show that the labor market has softened significantly; the balance level of job growth has significantly decreased; there are clear downside risks in the labor market. Adam Button speculated that from these statements, the report may be quite bad.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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