Economists September payrolls data did not change the Fed rate hike expectations vstart

The Economist: September payrolls data does not change the Fed rate hike expected U.S. stock market center: exclusive national industry sector stocks, premarket after hours, ETF, real-time quotes Sina warrants stocks news Beijing time on the evening of 7, some economists said the September employment data are neither strong enough to push the Fed will raise interest rates early to the December event before the meeting, too weak to raise interest rates until 2017. Toronto Bank of Montreal (BMO) – Gregory senior economist Michael (Michael Gregory) said: "for the Fed, payrolls data means that they still think of the employment market in an appropriate rate of overall improvement, so that they continue to maintain the pattern of December plus interest." Gregory said: I think this data will not strengthen the urgency of raising interest rates in November." The U.S. economy created 156 thousand new jobs in September, the unemployment rate rose slightly, the first time since April rose to 5%. Bank of the West (Bank of the West) chief economist Scott – Anderson (Scott Anderson) said: "in many ways, this data is appropriate, so it is on the market and the fed." He said: it lifted the Fed may miss behind the interest rate hike timing concerns, but also to keep the fed in December to raise interest rates on the path." The Federal Reserve will also hold two meetings this year, the date is November 1-2 and 13-14 day, December. The Federal Reserve said in a policy statement last month that "the rationale for raising the federal funds rate has been strengthened", but it is necessary to wait for more evidence of inflation and employment to determine the rate hike. Fed chairman Yellen told reporters that Fed officials believe the U.S. economy has the ability to create jobs without raising inflationary pressures. HSBC’s chief U.S. economist Kevin – (Kevin Logan) that, in September, non farm data to support the views of Yellen. Labor force participation rate increased to prove that more people join the workforce. At the same time, the unemployment rate has improved. Logan said: it seems that the trend of labor growth speed, the total number of employment and employment participation rate increased to create a larger pool of labor. This reduces the pressure on the unemployment rate to decline, so that means there will be no inflationary pressures." According to the federal fund futures contracts and transactions to determine the possibility of interest rate hike in November has dropped from 15% to 10%, the possibility of raising interest rates in December from 63% to 66%. In the non farm payrolls, President of the Cleveland fed Loretta Meister (Loretta Mester) said in a CNBC interview, September payrolls report "stable", she still believes that the interest rate by 1/4 basis points is reasonable. Meister is the last time the Fed’s monetary policy statement, because she is in favor of the September interest rate hike. Prior to the Fed’s December meeting, the U.S. Department of labor will also announce the two non farm 5相关的主题文章: