1st December 2022 Market Update
JOLTS
JOLTS dropped last month in October, but the labour market remains historically tight despite the Federal Reserve's efforts to cool demand and bring down inflation.
**Down from 10.7 million in September to 10.3 million in October
GDP
The US economy grew an annualised 2.9% on quarter in Q3
**Beat forecasts of 2.7%
**Beat the previous real GDP of 2.6%
Also, Federal Reserve Chair Jerome Powell provided a clear signal that the central bank is on track to raise interest rates by a half percentage point at its next meeting, stepping down from an unprecedented series of four 0.75-point rate rises aimed at combating high inflation.
@vicollege中文 @vi中文 @vi @vicoaching
@vicollege #vicoaching @vi
...