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What To Look For In Jobs Report & Fed Meeting

Schwab Network

English - March 09, 2023 21:35 - 10 minutes - 110 MB - ★★★★★ - 23 ratings
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How hawkish will the Fed be at its next meeting? Liz Ann Sonders discusses this, as well as the takeaways from Jerome Powell's testimony before Congress. She also talks about what to expect from tomorrow's jobs report. She notes that the JOLTs report came in at 10.824M versus an estimated 10.500M and the ADP Non-Farm Employment Change came in at 242K versus an estimated 200K. She then goes over how major indices are lower on the week. Tune in to find out more about the stock market today.