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Friday, April 7th
US March Non-Farm Payroll Report
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Friday 08:30 EST /13:30GMT
(US) Mar Change in Non-farm Payrolls
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What the News Desk Says
The March employment report is expected to continue the trend of solid job growth seen in recent months. The jobless rate is forecast to stay at 4.7% and nonfarm payrolls gains are expected at 176 thousand.
With the Fed beginning to tighten rates in earnest, major data points like the employment report will influence expectations for the tightening cycle. The baseline expectation is for a total of three rate hike this year, but if the data trends better than expected it could open the door for a fourth rate hike in 2017… More…..
