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MNI NFP Preview - AHE Seen Re-Accelerating, Troubling Fed Targe

US DATA
  • The Bloomberg median sees nonfarm payrolls rising 170k in September (primary dealer median 180k), after August’s 187k, in what was a small beat marred by large two-month downward revisions.
  • While industry-specific blips in the data may occur, headline aggregates are not expected to be impacted by either the conclusion of the actors strike, or the walk-out of UAW workers currently impacting Ford, GM and Stellantis.
  • Full preview including summary of sell-side views here: https://roar-assets-auto.rbl.ms/files/56086/USNFPO...

MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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