The market focuses on CPI, the last important data before the Fed starts its interest rate cut cycle
The non-farm employment report released by the U.S. Department of Labor last Friday showed that non-farm employment increased by 142,000 in August, the largest increase since June this year, from the previous value of 114,000. The unemployment rate dropped to 4.2%, the lowest level since June this year. Wages increased at an annual rate of 3.8%, compared with 3.6% in the previous month.
The number...
The number...
9