Natixis ‘Data Snap’ research note says the Fed could maintain the status quo in March and move rates in June.
With a solid increase in NFP (the most reliable portion of the survey) today’s (Fri’s) report is definitely a good one even though other details were mixed. Overall, with this dynamic the unemployment rate should continue to trend downward while wages are due to accelerate further.
As for the Fed, there is no reason to rush into another tightening move in March. This is consistent with our expectation that the next hike will be in June.
You may be interested
Bets Against Bitcoin’s Price Are Nearing Record HighsBrian Evans - Aug 21, 2018
BTC/USD shorts on Bitfinex are nearing record highs, leaving many to wonder if a short squeeze will occur like it did when the prior mark was set.
Major Players Use Blockchain to Streamline Agribusiness’ Creaking Supply ChainBrian Evans - Aug 21, 2018
Let’s see why China and Australia are really into blockchain in the agriculture
Apple Co-Founder Steve Wozniak Flip-Flops on Blockchain, Joins Crypto StartupBrian Evans - Aug 21, 2018
Apple co-founder Steve Wozniak discussed his involvement in a new crypto startup company and his interest in blockchain in general in a NullTx interview earlier this week.…