Jobs, recession and Goldman Sachs
The Blowout Jobs Report Shows the Federal Reserve Made a Mistake
The September jobs report and recent economic data suggest the Fed overreacted with its jumbo rate cut. The U.S. economy continues to hum at a stronger clip than many expect, which raises the question of whether the Fed made the right call going with a jumbo rate cut.
A recession next year is now even less likely following the blowout jobs report, says Goldman Sachs
Economists are less concerned about an imminent downturn after far more jobs were added in September than expected, and unemployment fell.
Goldman Sachs lowers odds of US recession to 15% after better-than-expected jobs report
Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months by five percentage points to 15%, following the latest employment report that showed better-than-expected data.
U.S. Recession Less Likely Now, Goldman Sachs Says. Why the Outlook Is Brighter.
If Fed officials had known the subsequent data, they probably would have opted for a quarter-point cut on Sept. 18,” economist Jan Hazius said.
Goldman Sachs Says a Recession Is Less Likely Given Strong Jobs Data
Key Takeaways A strong jobs report has reduced than chances of a recession in the next 12 months, according to Goldman Sachs analysts.A lower unemployment rate avoids a key early stage recession indicator called the "Sahm Rule.
Goldman Sachs Lowers U.S. Recession Odds to 15% Following Strong Job Growth
U.S. Recession Risk Decreases Amid Job Market Gains Goldman Sachs has reduced the probability of a U.S. recession within the next 12 months to 15%, down from 20%, after the September employment data showed
Strong US Jobs Report Takes Pressure Off Fed for Next Meeting
Surprisingly strong hiring in September has taken pressure off the Federal Reserve by reducing worries over the US labor ...
The jobs number surpassed everyone’s expectations. Cue the complaints about the Fed
Last month, the Fed slashed interest rates by a supersized half-point in a bid to prevent the job market from falling apart, ...
Currency recap: U.S. dollar rises on strong jobs report and mid-east tensions
The U.S. Dollar Index (DXY) rose 1.65% last week, closing at $102.49 on Friday, after a surprisingly strong jobs report for ...
The Fed And Markets Are Waiting For The September Jobs Report
The September jobs report will be pivotal for markets because it holds implications for future Fed interest rate policies.
Blowout September jobs data points to solid economy and slower Fed rate cuts, analysts say
September's 254,000 new jobs topped consensus forecasts by about 100,000. This means the Fed can probably slow the pace of ...
The Jobs Report Is Good News for the Fed
The data reversed recent signs of a labor market slowdown, probably taking away the argument for a big rate cut at the Federal Reserve’s next meeting.
Strong September Jobs Report Reduces Recession Fears
The September jobs report was stronger than expected and is likely to assuage recession fears, driving up hopes for soft ...
Fed’s Goolsbee Welcomes Jobs Report, Flags Risk of Low Inflation
Federal Reserve Bank of Chicago President Austan Goolsbee lauded the strong September jobs report but warned of putting too ...
Larry Summers says Fed’s big rate cut was a ‘mistake’ after hot jobs report
With this data, ‘no landing’ as well as ‘hard landing’ is a risk the @federalreserve has to reckon with,” he continued.
Fed seen slowing rate cut pace after strong US jobs data
A surge in job growth last month will allow the Federal Reserve to eschew any further big interest-rate reductions and stick ...
September jobs report builds case for smaller Fed rate cut in November
The September jobs report showed surprising signs of strength in the labor market that have economists questioning how much ...
10-year Treasury yield reaches 4%
The key U.S. Treasury yield reached 4% on Monday, as investors continued to reassess their view of the U.S. economy following stronger-than-forecast jobs data.