On Wednesday, according to the data announced by the USA:
June 'small non-farm' ADP employment 150,000, below the expected value of 160,000 and below the previous value of 152,000. Weekly unemployment benefit claims, on the other hand, were 238,000 people, above the expected value of 235,000 people and above the previous value of 233,000 people. On July 2, Fed Chairman Powell declined to comment on questions about a rate cut in September and said, "It is too early to say definitively whether the Fed will cut interest rates at the end of the summer."
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On Wednesday, according to the data announced by the USA:
June 'small non-farm' ADP employment 150,000, below the expected value of 160,000 and below the previous value of 152,000.
Weekly unemployment benefit claims, on the other hand, were 238,000 people, above the expected value of 235,000 people and above the previous value of 233,000 people.
On July 2, Fed Chairman Powell declined to comment on questions about a rate cut in September and said, "It is too early to say definitively whether the Fed will cut interest rates at the end of the summer."