Stellar Jobs Report Leaves September on the Table

The US and it’s central bank will be centre of attention once again on Friday as we get the latest labor market report for August and try to determine what it means for interest rates in the coming months. The US jobs report is always a major economic release for the economy but this one carries additional weight following comments at Jackson Hole last week from a number of Fed officials who suggested we’re on the cusp of the next rate hike. Stanley Fischer, vice Chair, referred to the report directly a week ago when he claimed it will “weigh in our decision”.