US Treasury Secretary Bessent says US jobs numbers exceeded expectations - X post
Newsquawk Staff ·
US Treasury Secretary Bessent says US jobs numbers exceeded expectations - X post.
What it means
The remark from Treasury Secretary Bessent regarding stronger-than-expected US jobs numbers suggests a robust labor market, which could influence market expectations around monetary policy. This may lead to speculation on rate adjustments if the trend continues, impacting both equities and fixed income markets as investors reassess growth and inflation dynamics.
Sources
- UK PM Burnham declines to rule out another Brexit referendum at PMQs
- Announcement UK Chancellor Healey will freeze NHS prescription charges at GBP 9.90 for another year may have been removed from the budget in a late night scramble, reports The Telegraph
- UK PM Burnham rules out an early election; says, "I don’t think people want another backward looking squabble. They want me to get on with the job", The Times reports
- Datafolha poll shows Bolsonaro is seen with 47% of votes vs President Lula at 46% in the Brazil presidential runoff
- RN's Marine Le Pen would win the first round of the French election, Cluster 17 poll shows; Philippe and Melenchon would tie for 2nd place
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