The January NFP Report will be released on Friday, February 2, at 8:30 ET. Traders and economists expect the NFP report to show that the US created 187K net new jobs, with average hourly earnings rising 0.3% m/m (4.1% y/y) and the U3 unemployment rate ticking up to 3.8%. Tomorrow brings the first NFP report covering 2024 data, and based on the market’s expectations, the jobs market may have gotten off to a strong start to the new year. In the wake of Wednesday’s FOMC meeting, I expect jobs (and inflation) data to take on a renewed importance for traders. Fed Chairman Powell noted that the central bank doesn’t ... (full story)