JOLTS got unusual attention; eyes on Fed – BBH

By FXStreet FXStreet (Guatemala) – Analysts at Brown Brothers Harriman noted US JOLTS data yesterday showed large jump in total job opening though hires lagged behind (for sixth month).

Key Quotes:

“Market volatility more the economy per se seems to be the main factor encouraging ideas that Fed does not hike rates next week. The Hilsenrath piece in WSJ says there is no consensus yet at Fed. Of course there is no consensus.”

“There is a dovish wing that does not want to raise rates until next year. There is a hawkish wing that thinks economic fundamentals no longer justify a near-zero interest rate stance. ”
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Source:: FX Street