News list for " szentivanyi"

JPMorgan economist Nora Szentivanyi expects U.S. non-farm payrolls to increase by 125,000 in September, showing that labor demand is still slowing, suggesting that the Federal Reserve is still likely to cut interest rates by 50 basis points at a time. "If the data is around 100,000, then it raises the possibility of a significant rate cut". If the data shows a significant weakening, market expectations for the Federal Reserve to cut interest rates by another 50 basis points may be reinvigorated....

2024-10-04 10:35:05