Shock Jobs Numbers May Push Fed to Take Up the Scissors, ING Says -- Market Talk

Dow Jones
08/06

1246 GMT - "Friday's U.S. jobs report was a wake-up call," and should lead to more rapid action by the Fed's monetary policymakers, ING's chief international economist James Knightley writes in a research note. Hiring slowed sharply over the summer, according to revised figures set out last week that suggested the American jobs market isn't as robust as once thought. Coupled with increasingly gloomy business surveys, that should jolt the Fed into faster action, Knightley says. Consensus is likely to build among the central bank's rate setters that they should begin cutting rates at September's meeting, Knightley says; the Fed would in that case likely continue cutting at subsequent meetings, he adds. Changes at the top of the Fed could next year bring about even faster rate cuts, Knightley says. (joshua.kirby@wsj.com; @joshualeokirby)

 

(END) Dow Jones Newswires

August 06, 2025 08:47 ET (12:47 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10