Lates News

Market analyst Chris Anstey stated that based on estimates, the "break-even" number for new jobs in the US employment market is approximately 50,000. In other words, the actual addition of 115,000 non-farm jobs is still quite robust. Currently, there doesn't seem to be a significant threat to the Federal Reserve's "maximum employment" target. Therefore, it is difficult to imagine Kevin Wash gaining enough support within the Federal Reserve next month to push for a rate cut.