Crucial day for the market interest rate extension or rapid cut this year: The markets have recently witnessed many important data,
most notably the decline in annual personal consumption expenditures from 2.9% to 2.8% levels,
a clear indication that US inflation is indeed resuming its sustainable decline.

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US labour market data
Transactions next week

US labour market data

The most important thing now is what about the US labour market data
and how monetary policymakers in the United States of America view it
During last week’s transactions ending,
we witnessed a discrepancy in US employment numbers, as employment in the non-agricultural private sector registered positive,
with 275,000 jobs being provided, contrary to expectations at the time that indicated the addition of only 190,000 jobs.
As for the unemployment rate, it rose to levels of 3.9%, contrary to expectations that indicated the addition of 190,000 jobs.

Variation and stability were around 3.7%, while we witnessed a decline in the hourly wage growth rate from 0.6% to 0.1%.

Transactions next week

During next week’s transactions, specifically during Wednesday’s transactions, March 20 of this month,
we will have an appointment from monetary policymakers in which the US Bank is expected to keep interest rates unchanged,
but the most important question now is when the US Federal Reserve will start reducing interest rates, and more importantly
How do you view the labour market numbers?
The monetary policy statement issued by the bank will have an important role in answering many investors’ questions,
as Jerome Powell and his Federal Committee presented a hawkish tone.
This may contribute to the recovery of the US dollar index,
we may then witness deep corrections in the US stock indices,
and vice versa if the bank presents an interest rate reduction path for the year.
Directing investors that the bank may actually offer a three-fold reduction in the high interest rate of 5.5% at that time.
This will contribute to a positive revival of the US stock indices, and in return, we may see clear negativity for the dollar index.
Drawing attention to the importance of the new numbers that the bank
will present the economic forecasts of the Monetary Policy Committee for the open market.

Crucial day for the market interest rate extension or rapid cut this year

Crucial day for the markets interest rate extension or rapid cut this year

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