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Jackson Hole event doubles weight US employment report Adiva says |  International and Materials

Jackson Hole event doubles weight US employment report Adiva says | International and Materials

The U.S. employment report shows that last month it created 943,000 jobs, compared to an estimate of 845,000, according to economists surveyed in the Wall Street Journal. In its analysis, Adiva highlights the improvement in one-hour wage earnings per working and the upward revision of the June wage numbers generated by 850,000 to 938 thousand jobs.

Sanchez did not question whether the Fed would begin “tapping” (the process of mitigating money) in 2021, but in reality, the asset purchase cut would be strong, about 25% of the current US $ 120 billion a month, “or half as much”.

It is true that the weight of Jackson Hole has doubled. Discussions are expected to be announced at the event as expected, and the next straw of a cup that is almost completely filled by today’s pay could be the last pay, ”he says.

The brokerage expert says that the process of raising interest rates should, in fact, take place only at the end of 2022, “but it should be remembered that some time ago we expected such an increase only in 2023”.

This content was first published on Valor PRO, Valor’s real-time information service.

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