net_left Phương Thức Thanh Toán

Unusually large U.S. jobs number stokes case for 'unusually large' rate hike

06 Tháng Tám 2022
Unusually large U.S. jobs number stokes case for 'unusually large' rate hike © Reuters. FILE PHOTO: The Federal Reserve building is pictured in Washington, D.C., U.S., August 22, 2018. REUTERS/Chris Wattie/File Photo

(Reuters) - The U.S. Federal Reserve faces renewed pressure to deliver another 75 basis point interest rate hike at its upcoming meeting in September as fresh data showed job gains unexpectedly accelerating and overall employment at a record high despite soaring inflation and rising borrowing costs.

The economy added 528,000 jobs last month, the Labor Department said in its closely watched employment report on Friday, a far larger-than-expected number than expected. Data for June was revised higher to show 398,000 jobs created instead of the previously reported 372,000, while the unemployment rate fell to a pre-pandemic low of 3.5%.

The strength of the labor market is a double-edged sword for Fed officials. They see it as an encouraging sign they can continue to raise rates to tame inflation without causing a sharp spike in the unemployment rate, but also a concerning one given the labor market will need to cool to help ease price pressures.

Friday's blowout number of job gains will likely on balance give policymakers further pause for thought on whether they are raising rates quickly enough to bring down inflation. An extremely tight jobs market has been fueling strong wage growth and Friday's report showed average hourly earnings rising more than expected, to 5.2% from one year previously.

"This is very hot employment data. It means the Fed is going to continue to raise interest rates," said Peter Cardillo, chief market economist at Spartan Capital Securities. "I'm surprised in the strength in wage growth, I was looking for a cooling off."

Investors in futures contracts tied to the Fed's benchmark overnight interest rate immediately upped their bets the central bank would raise its policy rate by 75 basis points in September to an almost 70% probability, up from around 40% before the employment report.

Fed Chair Jerome Powell already flagged last week the central bank may consider another "unusually large" rate hike at the Sept. 20-21 meeting, seen as a decision between a 50 basis point or 75 basis point move, with officials guided in their decision making by a ream of critical data points covering inflation, employment, consumer spending and economic growth between now and then. [L1N2ZG1RF]

There is now only one more monthly jobs report before that meeting while inflation has for months confounded expectations that it would ease and remains, by the Fed's preferred measure, more than three times the target.

Attention will now turn to next Wednesday's key Consumer Price Index inflation reading as the central bank plots its path.

Whether the Fed will go ahead with a third straight 75-basis-point rate hike at its policy meeting next month - a pace unmatched in more than a generation - or dial back a bit is of central interest to investors, businesses and consumers who are increasingly fearful that the central bank's inflation fight may ultimately trigger a recession.

A procession of policymakers this week have shown stiffening resolve to continue the aggressive monetary tightening, with nearly all of them making plain the central bank remains determined to press ahead with rate hikes until it sees strong and long-lasting evidence that inflation is on track back down to the Fed's 2% goal.

Friday's job gains likely will have only furthered that determination. "Anyone that was inclined to jump on board the pivot train is likely to jump off at the next station. This is not indicative of a Fed that will need to shift gears next year and start cutting (rates). The pivot narrative has been put to bed," said Art Hogan, chief market strategist at B. Riley.

Để lại bình luận
Hot Auto Trade Bot Phương Thức Thanh Toán
BROKERS ĐƯỢC CẤP PHÉP
net_home_top Ai VIF
11-08-2022 09:35:57 (UTC+7)

EUR/USD

1.0285

-0.0012 (-0.12%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

EUR/USD

1.0285

-0.0012 (-0.12%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

GBP/USD

1.2190

-0.0036 (-0.29%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

USD/JPY

133.25

+0.38 (+0.29%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

AUD/USD

0.7068

-0.0008 (-0.12%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

USD/CAD

1.2783

+0.0010 (+0.08%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (5)

Sell (1)

EUR/JPY

137.04

+0.21 (+0.16%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (10)

Sell (0)

EUR/CHF

0.9707

+0.0004 (+0.04%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (2)

Sell (6)

Gold Futures

1,801.90

-11.80 (-0.65%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (10)

Silver Futures

20.465

-0.277 (-1.34%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (11)

Copper Futures

3.6430

+0.0068 (+0.19%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (9)

Crude Oil WTI Futures

91.82

-0.11 (-0.12%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (4)

Sell (2)

Brent Oil Futures

97.27

-0.13 (-0.13%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (6)

Natural Gas Futures

8.275

+0.048 (+0.58%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (0)

US Coffee C Futures

220.78

+8.03 (+3.77%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (8)

Euro Stoxx 50

3,749.35

+33.98 (+0.91%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (4)

Sell (6)

S&P 500

4,210.24

+87.77 (+2.13%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (3)

DAX

13,700.93

+165.96 (+1.23%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (4)

FTSE 100

7,507.11

+18.96 (+0.25%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (4)

Sell (5)

Hang Seng

19,853.00

+242.16 (+1.23%)

Summary

Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (3)

Sell (2)

US Small Cap 2000

1,969.25

+56.36 (+2.95%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (1)

IBEX 35

8,352.80

+40.90 (+0.49%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (6)

Sell (1)

BASF SE NA O.N.

44.445

+0.450 (+1.02%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (1)

Sell (7)

Bayer AG NA

51.90

-0.26 (-0.50%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (1)

Allianz SE VNA O.N.

178.50

-0.06 (-0.03%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (1)

Adidas AG

173.36

+4.36 (+2.58%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (3)

Sell (5)

Deutsche Lufthansa AG

6.611

+0.038 (+0.58%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

Siemens AG Class N

109.18

+2.66 (+2.50%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Deutsche Bank AG

8.829

+0.102 (+1.17%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (6)

 EUR/USD1.0285↑ Sell
 GBP/USD1.2190↑ Sell
 USD/JPY133.25↑ Buy
 AUD/USD0.7068↑ Sell
 USD/CAD1.2783↑ Buy
 EUR/JPY137.04↑ Buy
 EUR/CHF0.9707↑ Sell
 Gold1,801.90↑ Sell
 Silver20.465↑ Sell
 Copper3.6430↑ Sell
 Crude Oil WTI91.82Buy
 Brent Oil97.27Sell
 Natural Gas8.275↑ Buy
 US Coffee C220.78Sell
 Euro Stoxx 503,749.35Sell
 S&P 5004,210.24↑ Buy
 DAX13,700.93Neutral
 FTSE 1007,507.11Sell
 Hang Seng19,853.00Buy
 Small Cap 20001,969.25↑ Buy
 IBEX 358,352.80↑ Buy
 BASF44.445↑ Sell
 Bayer51.90↑ Buy
 Allianz178.50↑ Buy
 Adidas173.36Neutral
 Lufthansa6.611↑ Buy
 Siemens AG109.18↑ Buy
 Deutsche Bank AG8.829Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,590/ 6,690
(-10/ -10) # 1,626
SJC HCM6,590/ 6,690
(-10/ -10) # 1,625
SJC Hanoi6,590/ 6,692
(-10/ -10) # 1,627
SJC Danang6,590/ 6,692
(-10/ -10) # 1,627
SJC Nhatrang6,590/ 6,692
(-10/ -10) # 1,627
SJC Cantho6,590/ 6,692
(-10/ -10) # 1,627
Cập nhật 11-08-2022 09:35:59
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,786.86-7.31-0.41%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V26.28026.800
RON 95-III25.60026.110
E5 RON 92-II24.62025.110
DO 0.05S23.90024.370
DO 0,001S-V25.88026.390
Dầu hỏa 2-K24.53025.020
ↂ Giá dầu thô thế giới
WTI$91.22-0.21-0.23%
Brent$96.64-0.15-0.15%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.220,0023.530,00
EUR23.475,2124.789,85
GBP27.818,8429.005,24
JPY171,29181,34
KRW15,5318,92
Cập nhật lúc 09:29:57 11/08/2022
Xem bảng tỷ giá hối đoái
Phương Thức Thanh Toán