"No rate increase until april, but unemployment needs to keep going down" Swiss central bank rate is now negative LOL
You would want to watch non farm payrolls and CPI from January to March. Even if the employment figures look good (regardless of the quality of those jobs) if CPI is too low like now at 1.3% there won't be any rate increase in April. I don't see how inflation will reach 2% between now and then given the fall in commodity prices and such low inflation figures from around the rest of the world. If the Fed tries to raise rates on falling inflation it will send the economy south.
It's already been leaked though, drop and bump happened, unless it was a false leak to make a quick buck on euros.
60 billion per month http://www.ecb.europa.eu/press/tvservices/webcast/html/webcast_150122.en.html and here http://www.bloomberg.com/tv/
Will probably be the key indicator as to whether the Fed will raise rates anytime over the next few months or are at least 6 months away. Should be decent volatility in the market tonight on the figure.
Yeah......no, they're farked. No rate rise anytime soon. Should increase the chances of the RBA cutting rates on Tuesday
Couldnt have been put more eloquently. "Claims" is the correct word. Excerpt from an article from 2012. "a detailed look at the government's own data base shows that about 9 million people without jobs have been removed from the labor force simply by the government defining them as not being in the labor force anymore. Indeed - effectively all of the decreases in unemployment rate percentages since 2009 have come not from new jobs, but through reducing the workforce participation rate so that millions of jobless people are removed from the labor force by definition. When we pierce through this statistical smoke and mirrors and factor back in those 9 million jobless whom the government has defined out of existence, then the true unemployment rate is 19.9% and rising, and not 8.3% and falling. " http://danielamerman.com/articles/2012/WorkC.html
