Wharton finance professor says Fed could pause next week if NFP comes in hot ...Middle East

Wharton finance professor Jeremy Siegel says that the Federal Open Market Committee (FOMC) could leave Fed Funds unchanged (announcement due November 7) if there is a substantial upside surprise to the nonfarm payrol headline on Friday (November 1)Siegel spoke with CNBC last week:"If we get a strong labor market report for the month of October, there's going to be a lot of people, a lot of the FOMC members, that are going to say maybe we should pause at this particular juncture," Siegel sees three to four cuts ahead during the easing cyclerates will probably be elevated in the long runstock market looks strong economy remains resilientBack in August Siegel called for a 75bp Fed emergency rat

Hence then, the article about wharton finance professor says fed could pause next week if nfp comes in hot was published today ( Tuesday 29/10/2024 - 05:52 AM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Wharton finance professor says Fed could pause next week if NFP comes in hot )

Also on site :

• En medio de la crisis, el Gobierno de Cuba anuncia reformas económicas aunque persisten los obstáculos
• LA28 ticket registration nears deadline as first Olympic qualifiers emerge
• What do you need to vote in Illinois? What you can take into the ballot box with you