The markets may be preparing: a surprising news has arrived from the US labor market before the interest rate decision.
The US labor market continues to show a stable picture, as the number of new unemployment claims only slightly increased last week, while job cuts fell to a two-year low in July, and second-quarter productivity figures were better than expected, which is slowing the growth in labor costs, according to Reuters.
The US labor market continues to show a stable picture, as the number of new unemployment claims only slightly increased last week, while planned layoffs fell to a two-year low in July, and second-quarter productivity figures were better than expected, which is helping to slow the growth in labor costs, according to Reuters.
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