POPA Recon[Walter Bloomberg] BOFA maintains outlook for Fed interest rate hike despite sluggish employment
[Walter Bloomberg] BOFA maintains outlook for Fed interest rate hike despite sluggish employment United States non-farm employment decreased by 23,000 in July... The previous month's revised figure was lowered by 103,000. The unemployment rate fell by 4.1%, but wage growth slowed and the labor force participation rate fell. Despite slowing employment, Bank of America expects the Federal Reserve to raise interest rates by 75bp from September this year. BofA “Inflation is the Fed’s top priority 📰Original text/translation href="https://stockhub.kr/events?tab=economic">📅Economic Calendar 📲Downl…
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