- Analytics
- News and Tools
- Market News
- Fed's Bullard: Expect upwards revision to November NFP number; this is a tight labour market
Fed's Bullard: Expect upwards revision to November NFP number; this is a tight labour market
St Louis Fed President James Bullard said on Friday he expects an upwards revision to the November NFP number, as this is a tight labour market. The US economy will be below 4% unemployment by Q1 2022, he added.
Additional Comments:
"Sticking with forecast for two rate hikes in 2022."
"Faster taper would create optionality to do more rate hikes if inflation doesn't dissipate."
"Labor market participation is not the thing to look at when deciding if have reached max employment."
"Want to get soon to 'live meetings' on rate hike possibility."
"With rapid changes in data, fed may need to respond meeting by meeting."
"Growth will slow next year, but will still be 'super rapid' amid productivity gains, better pandemic control."
"Economy's adaptation so far to Covid-19 suggests 'we'll be able to handle' Omicron variant."
"Inflation is partly from supply shock, partly increase in demand."
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
