US Jobs Report

Fed’s Powell is the next major catalyst ahead of Nonfarm Payrolls

Recent comments by Fed officials have reiterated the need to continue hiking rates until they reach at least 5% and a slew of data has pointed in that direction in general. ”Several regional Fed presidents have indicated openness to higher interest rates and larger increases if the data remain strong. It would mark a shift in the Fed’s guidance if Powell articulates similar sentiments at tomorrow’s testimony and a step back from the cautious policy around rates,”.


अमेरिकी फेडरल रिजर्व ने लगातार चौथी बार ब्याज दरों में कोई बदलाव नहीं किया

Powell And Gold – The Fed May Announce Tapering in November

Powell And Gold – The Fed could announce tapering as soon as November. It all depends on whether the substantial further progress test for employment will be met or not. For Powell it is now “all but met”, even though it could happen as soon as the next meeting. After all, many of the FOMC members believe that this test has already been met:


Powell Analysis: Fed may cut rates in 2020, but the dollar moves to Trump’s tune

The central bank is ready to respond to a slowdown – or “material reassessment.” That is the critical part from the prepared remarks that Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, has prepared for his testimony. The Fed is content with the current state of the US economy and with its policy – but is ready to cut interest rates once again. That may happen in 2020.


Powell Says U.S. Labor Market ‘Very Strong’ by Many Measures

Gold Silver Reports (GSR)  — “Our economy is currently performing very well overall, with strong job creation and gradually rising wages,’’ Powell said in the text of a speech to be delivered to a housing conference in Washington on Thursday. “In fact, by many national-level measures, our labor market is very strong.’’