The Americans’ data is really awesome! (two)
With such an interest rate hike, all Canadian banks collapsed, the unemployment rate was only 3.4%, and employment greatly exceeded expectations and was ahead of schedule. The U.S. economy is strong. No wonder people are willing to immigrate abroad.
In addition to these two important data, there are also two salary data, which are also better than expected, especially the monthly rate advance value.
It can be said that the U.S. economy is still doing well, not as bad as imagined, but the interest rate hikes are all due to this. Unemployment cannot go up, employment cannot go down, and inflation will definitely come back. Raising interest rates is not impossible. It is still not certain just by looking at the current data. It is still more likely that interest rates will be stopped in June.
Today's data did not cause much movement, and now the focus is back on CPI.
