Reported 1 day ago
This week, US investors will focus on the upcoming August jobs report, the first since significant revisions in July, against a backdrop of uncertainty at the Federal Reserve. President Trump's efforts to remove Fed governor Lisa Cook have created legal ambiguity, while key labor market data, including job openings and private payroll growth, will also be released. The Fed’s Chair Jerome Powell has indicated a likely interest rate cut, linking the decision to the peculiar state of the labor market, which displays signs of a slowdown. Alongside economic data, the week will feature earnings reports from major companies, making it a critical time for markets.
Source: YAHOO