MarketsNotableConfirmed
5.7
US Q2 Productivity Revised Up 1.4%, Labor Costs Moderate
Dagens IndustriLO·US·1 day ago
US nonfarm payrolls rose by 162,000 in August, sharply beating the 56,000 consensus, signaling labor market resilience. The upside surprise reduces near-term recession odds and may temper expectations for aggressive Fed easing. Market focus shifts to wage data and Fed guidance for rate path.