Latest Breaking News On - Industrial industry - Page 2 : comparemela.com

dana. we have the good news and the bad news here. first, the top line number, the headline here, this is a block buster report. this is much higher than anybody was expecting. 528,000 jobs created in the month of july is more than double the expectations which called for job growth of 250,000. all areas of the economy actually saw job growth including leisure, hospitality, the services industry, the industrial industry. that s all good news. the bad news, this ensures that we are going to see a federal reserve that stays as aggressive as ever. the markets right now are pricing in, a 65% chance that the federal reserve raises interest rates by another 75 basis points in the next meeting which is in september. we are waiting for the jackson hole event which is where federal reserve officials gather. that will be news worthy in the coming weeks to find out how the

Dana perinoBad newsTop line numberBlock buster reportJob growthIndustrial industryServices industryCelebrating indian cultureInterest ratesBasis pointsJackson hole