President Neel Kashkari crossed the wires emphasizing a seriousness about getting inflation back to 2%.
Nevertheless, the euro could benefit should the report show a more moderate pace following the booming 528k print registered in July. ''High-frequency data, including Homebase, point to still above-trend job creation the analysts say. ''We also look for the UE rate to drop by a tenth for a second consecutive month to 3.4%, and for wage growth to advance at a firm 0.4% MoM ,'' the analysts said.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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