Operation suggestions for March 10 (1):
February employment data released tonight
Focus on: Non-agricultural, hourly wage annual rate/monthly rate
Non-agriculture ≥20.5 = negative
Annual hourly wage rate ≥ 4.6% = bad news
Monthly hourly wage rate >0.3%=bad news
The latter two are particularly important. The death spiral of "wages" and "inflation" has always been the Sword of Damocles hanging over the head of the Federal Reserve. This time Wall Street predicts that it will become more and more intense.
Before Powell’s half-year monetary policy, he personally emphasized many times that the employment data and inflation data released this month will directly lead to whether the next FOMC will re-accelerate to 50bp. More even if the trading strategy home is shared with you, let’s eat together The fish grow together! Whether the terminal interest rate is close to 6%, the importance of these two data is self-evident.