US Non-Farm Payrolls Slightly Below Expectations, Lagarde Addresses Inflation and ECB's Approach
TL;DR Summary
The US non-farm payrolls for June came in at 209,000, slightly below the expected 225,000. The unemployment rate remained steady at 3.6%, while average hourly earnings increased by 0.4% month-on-month, surpassing expectations. Despite the slight miss in job growth, the market remains focused on the strong wage growth, which could draw the attention of the Federal Reserve.
- US June non-farm payrolls +209K vs +225K expected ForexLive
- Lagarde speech: Still have work to do to bring inflation back down to our target FXStreet
- ECB’s Guindos Offers Tentative Hope Core Inflation Is Softening Forex Factory
- ECB's de Guindos: We will continue to follow a data-dependent approach ForexLive
- Lagarde Says ECB Won't Stand Idly By If Margins and Wages Rise Bloomberg
- View Full Coverage on Google News
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