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NFP React: Labor Market Remains Robust, Fed Can Stick to Hawkish Shtick

Started by PocketOption, Oct 08, 2022, 05:51 am

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PocketOption

NFP React: Labor Market Remains Robust, Fed Can Stick to Hawkish Shtick

US stocks tumbled as job strength remains, which means we most likely won't be seeing a Fed downshift at the next FOMC meeting in November. Treasury yields rose alongside the US dollar after another solid nonfarm payroll report. The risks of the Fed remaining aggressive with the tightening of monetary policy still remains on the […]


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