Wall Street Awaits Crucial Economic Data

Wall Street anticipates crucial economic data release on November 17th, following the government shutdown. Key reports on employment and inflation, delayed during the shutdown, are expected to provide clarity for investors and policymakers. The first report, September nonfarm payrolls, is scheduled for release on November 17th at 8:30 AM, followed by the real earnings report. The upcoming employment situation report is expected to focus on nonfarm payrolls, as household surveys for the unemployment rate are more difficult to conduct quickly after a disruption. The Federal Reserve will closely watch these releases for future policy decisions.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.