Federal Reserve to assess rate cut interest as Powell speaks and new job numbers released.

From Yahoo Finance: 2024-09-29 01:43:27

Federal Reserve likely to gauge interest in interest-rate cut as Jerome Powell addresses economists and new employment numbers are released. September jobs report expected to show modest job growth with payrolls rising 146,000 and jobless rate holding at 4.2%. Labor issues like Boeing Co. factory worker strikes may impact outlook. Industry surveys and Canadian home sales data offer additional insights into economic health. Globally, data to be released on global inflation trends, business surveys in China and key economic indicators in various regions like Europe, Middle East, Africa and Latin America. Monetary decisions expected in countries like Mozambique, Iceland, Poland and Tanzania. Colombian policymakers likely to continue rate cuts for seventh time. Chile expected to show economic growth, while Brazil reports strong economic activity.



Read more at Yahoo Finance: Powell Speech and Jobs Data to Help Clarify Fed Rate Path