JPMorgan economist Nora Szentivanyi sees nonfarm payrolls increasing by 125,000 when US Department of Labor data is released on Friday. “That would still leave the door open for a 50-basis-point rate cut,” she says on Bloomberg Television. Earlier this week, Federal Reserve Chair Jerome Powell said that policymakers are not “in a hurry” to lower rates. The next Federal Open Market Committee (FOMC) decision is on Nov. 7. (Source: Bloomberg)
Visited 1 times, 1 visit(s) today
