{"id":87635,"date":"2016-04-04T07:59:54","date_gmt":"2016-04-04T11:59:54","guid":{"rendered":"http:\/\/countingpips.com\/?p=87635"},"modified":"2016-04-04T07:59:54","modified_gmt":"2016-04-04T11:59:54","slug":"forecast-beating-us-jobs-do-little-to-sway-fed-rate-hike-outlook","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/04\/forecast-beating-us-jobs-do-little-to-sway-fed-rate-hike-outlook\/","title":{"rendered":"Forecast beating US jobs do little to sway Fed rate hike outlook"},"content":{"rendered":"<div id=\"inves-1487736573\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">April 4, 2016<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>Article by <a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/p>\n<p>Markets are not swayed that the Federal Reserve will hike rates more often this year even as data pointed to US job-market strength following Friday\u2019s release of nonfarm payrolls data.<\/p>\n<p>Non-farm payrolls rose by 215,000 in March, beating expectations of a 205,000 increase. February\u2019s hiring spurt was also revised up from 242,000 to 245,000. Wages meanwhile rose 0.3% during the month, up 2.3% on a year ago.<\/p>\n<p>Although the unemployment rate rose to 5.0%, up from an eight-year low of 4.9%, this was in part due to more people entering the labor market. At 63%, the participation rate was the highest since March 2014.<\/p>\n<p>But many investors believe that the Fed will focus more on the struggling global economy than on domestic data as the potential for disturbances abroad could weigh on US growth. Fed Chair Janet Yellen in a March 29 speech cited slowing Chinese growth and the outlook for commodities prices as risks. It\u2019s appropriate to \u201cproceed cautiously\u201d in raising rates.<\/p>\n<p>Despite Friday\u2019s forecast beating jobs data, the US dollar moved lower on Monday against the yen, to fall below the key 112 yen level to as low as 111.31 yen.<\/p><div id=\"inves-1096198546\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-54242 alignleft\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2014\/07\/Forex-Time-Logo.png\" alt=\"Forex-Time-Logo\" width=\"262\" height=\"90\" \/><strong>Article by <span style=\"text-decoration: underline;\"><a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/span><\/strong><\/p>\n<p><strong>ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 <a href=\"http:\/\/www.forextime.com\" target=\"_blank\">www.forextime.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article by ForexTime Markets are not swayed that the Federal Reserve will hike rates more often this year even as data pointed to US job-market strength following Friday\u2019s release of nonfarm payrolls data. Non-farm payrolls rose by 215,000 in March, beating expectations of a 205,000 increase. February\u2019s hiring spurt was also revised up from 242,000 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-87635","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/87635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=87635"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/87635\/revisions"}],"predecessor-version":[{"id":87637,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/87635\/revisions\/87637"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=87635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=87635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=87635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}