For subscribers
Market Watch
After Fed chief's dovish taper talk, eyes on US and China data
Sign up now: Get ST's newsletters delivered to your inbox
Consensus forecast from Bloomberg shows analysts expect the US economy to have added 750,000 jobs this month.
PHOTO: AFP
Follow topic:
SINGAPORE - So the long awaited Federal Reserve Jackson Hole gathering has come and gone without causing major calamity to financial markets.
At the closely watched symposium last Friday, chairman Jerome Powell indicated that the Fed taper - the pullback on the massive bond-buying programmes unleashed last year - will come before the year end. But he said interest rate hikes are not imminent as there is still "much ground to cover" before the United States economy hits full employment.
