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Labor reports & Powell’s take: Is stability or volatility ahead?
Key events to watch this week include Wednesday's ADP report and Jerome Powell's remarks at the NYT DealBook Summit, followed by Friday's No Show More
Key events to watch this week include Wednesday's ADP report and Jerome Powell's remarks at the NYT DealBook Summit, followed by Friday's Non-Farm Payrolls (NFP) data. Deutsche Bank forecasts NFP to rise by 200K in November, rebounding sharply from October's hurricane-affected 12K. Analysts expect the Fed to hold rates steady in December, with a 35% chance of a pause, while January rate cuts are seen as more likely to 58%.
🎙️Discussion
1. Will this week’s numbers reinforce the case for a rate pause—or push expectations further out?
2. What industries do you see benefiting from potential rate cuts?
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