Here’s everything to expect when the September jobs report is released Friday
Nonfarm payrolls are projected to show growth of 150,000, form 142,000 the month before, with a steady unemployment rate of 4.2%.
Private payrolls show better-than-expected growth of 143,000 in September, ADP says
Companies added 143,000 for the month, an acceleration from 103,000 in August and better than the 128,000 consensus forecast
Port strike could reignite inflation, with larger economic impact dependent on how long it lasts
Manufacturers of everything from trucks to toys to artificial Christmas trees face obstacles now that the ILA has called a stoppage.
Saudi Arabia slashes growth forecasts, sees wider budget deficits
Saudi Arabia's real GDP is expected to grow 0.8% this year, a dramatic drop from a previous estimate of 4.4%, according to the latest government...
Powell indicates further, smaller rate cuts, insists the Fed is ‘not on any preset course’
The central bank chief asserted that he will seek to balance fighting inflation with supporting the labor market.
Key Fed inflation gauge at 2.2% in August, lower than expected
The personal consumption expenditures price index was expected to increase 0.1% in August and 2.3% from a year ago.
Swiss central bank cuts rates by a quarter point in third trim this year
It was the first major Western central bank to reduce interest rates back in March.
September consumer confidence falls the most in three years
The Conference Board's Consumer Confidence Index slid to 98.7, down from 105.6 in August, the biggest one-month decline since August 2021.
Britain’s finance minister calls for spending discipline but no return to austerity
U.K. Finance Minister Rachel Reeves vowed on Monday that Britain will not return to austerity, saying her budget proposals will look to rebuild the country.