TREE NEWS reports: BlackRock portfolio manager Jeff Rosenberg said Friday’s strong US August jobs growth underscores the importance of next week’s consumer price index. He noted the data validates their labor market view and refocuses attention on inflation. Whether the Fed hikes in September depends on CPI progress, with inaction likely if the September 11 report shows improvement.
BlackRock: US CPI data key after strong jobs report
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
1m ago
Trump: US Envoys to Present Ukraine Peace Plan to Russia
21m ago
CNY Overnight Fix at 6.7108, Up 70 Pips
22m ago
Hang Seng Index Night Session Rises 0.04% to 25,677
51m ago
WTI crude settles at $91.48/bbl
52m ago
Shanghai crude oil futures close up 1.11% at 690.70 yuan/barrel
54m ago
Brazil’s Lula: If US won’t buy, I’ll find other buyers