After the fed raised I thought we were done with this NFP Friday. Nothing has changed. 180k to 230k is probably a non event, so we thought everything would just go as planned. Now it's even a more bigger deal. A bad number is really bad, but I don't know what a good number would be. But 180k to 230k puts us right back where we were before the fed raised. Are you sure about this employment mandate? What I mean is, if it comes out at the estimate 200k, does that mean the next fed rate hike is still on track?
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NFP, Not Again?
- Thread starter ETcallhome
- Start date
I believe that the Fed is "comfortable" with the S&P at 2000...Hence, the tone might turn slightly more hawkish or perhaps less sidekicks chirping for NIRP.
I think you might be right. Or at least that makes more sense than going back to NFP.I believe that the Fed is "comfortable" with the S&P at 2000...Hence, the tone might turn slightly more hawkish or perhaps less sidekicks chirping for NIRP.
Are you sure about this employment mandate? What I mean is, if it comes out at the estimate 200k, does that mean the next fed rate hike is still on track?
I think it makes it more likely to hike, but not exactly "on track". The fed also looks U6 which improved a bit:
The fed futures probability of hike for March is at 2% and 36% for June.