Jobs, Goldman Sachs
The Blowout Jobs Report Shows the Federal Reserve Made a Mistake
Following Friday’s jobs data, Bank of America analysts changed their call for the November Fed meeting. They now expect policymakers to cut rates by 25 basis points, rather than 50.
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
Sep.’s shockingly good jobs report changes everything
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, ...
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 ...
Jobs report upshot: Economy, labor market are strong, Fed on track for 25-bp cut
"This month, the labor market looks stronger than we previously thought," Dan North, senior economist at Allianz Trade North ...
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.
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.
Blockbuster jobs report paves way for US economy to avoid recession in 'soft landing,' experts say
A blockbuster jobs report on Friday paved the way toward a soft landing, in which inflation returns to normal levels while ...
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 ...