ANZ Bank Highlights Significant Impact of September Non-Farm Payroll Report on Federal Reserve Policy
Publication Time:2024-08-26 10:42:07
ANZ Bank recently released a viewpoint stating that the September non-farm payroll report holds significant importance for the Federal Reserve, directly impacting its future monetary policy direction. Particularly, considering that the Bank of Japan may take a rate hike action in October, the results of this employment report are especially crucial. ANZ Bank's analysis suggests that strong employment data could accelerate the pace of interest rate hikes by the Federal Reserve, while weak data might lead to a slower pace of hikes. Therefore, the high market attention to this report reflects its significant impact on the global monetary policy direction.
Federal Reserve
Bank of Japan
ANZ Bank
Non-Farm Payroll Report
Policy Path