print-icon
print-icon
premium-contentPremium

September Payrolls Preview: "A Weak Number And The Fed Will Be Behind The Curve Again"

Tyler Durden's Photo
by Tyler Durden
Authored...

Earlier today, the BLS reported that - as expected - it would not publish an October jobs report and the November update would only be released on Dec 16, after the FOMC meeting (which is why rate cuts odds plunged, as the Oct jobs report was expected to be a disaster and without it the Fed won't have ammo to justify another 25bps cut).