We’re now into September and that means its time for Non-farm Payrolls. This should be a widely-watched report as last week’s Jackson Hole Economic Symposium helped to push some pressure on this data release. Jerome Powell remarked last Friday that the US economy has met the mark regarding the Fed’s ‘significant further progress’ in terms of inflation, but not yet on employment. If the Fed is, in fact, going to begin tapering asset purchases in 2021, they’re running out of time. There’s two more quarterly rate decisions in which the Fed will furnish updated guidance and traditionally this has been the type of meeting ... (full story)