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The investors could not sit comfortably because the U.S. FED and stock market data is quite in ups and down pattern. The investors are waiting for the report on the state of the U.S. labor market, along with biannual Congressional testimony.
This report is given by Federal Reserve Chairman Jerome Powell. Whenever many investors expect that the stock could climb further after topping the 4% threshold.
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U.S Stock market and its investors’ thinking on FED’s recent data and U.S labor data?
As per the U.S labor department, the U.S. economy added 517,000 jobs in January 2023. Investors thinking about how this labor data can help them to study the market’s next move.
Some latest facts U.S. Inflation 2023
- The cost of living rose 0.5% in January.
- The annual rate of inflation slowed again to 6.4% from 6.5% as per the data till Feb 2023.
- Increasing interest rates by FED for upcoming months to achieve a 2% inflation target in the future seems complicated after watching U.S. labor data, given by the U.S. labor department.
- Credit Suisse lost its biggest shareholders (Harris association, having a 10% stake in Credit Suisse till the last year 2022, August month) in the Swiss bank in 1st week of March 2023 after losing patience with its strategy amid persistent losses and unprecedented client exodus.
- The banking company Credit Suisse facing the worst loss for the whole year 2022 around $7.9 billion which is close to 2008’s global financial crisis, which was around $8.2 billion.
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Note – This is an independent article, here we are not giving any official statement and data regarding the U.S. stock market, the U.S. treasury, or any other suggestions for buying, selling, and investing in the U.S. stock market, or any other businesses. This article is totally based on our market analysis.
