Wu says macro-indicators and analyses for the week: US Non-Agricultural Employment Report, BC Interest Rate Resolution
Compiled by Gary Ma Wu on the block chain
Summary
Wu said macro-indicators and analyses this week: the Fed’s 25 base point interest rate drops last week, and stated that the ECB maintained interest rates at the same rate at the end of December; this week focused on the US non-farm employment report and the British Central Bank interest rate resolution。
Last week
focus events & indicators for the week
November 03
05 November
November 06
November 07
09 November
Summary
Wu said macro-indicators and analyses this week: the Fed’s 25 base point interest rate drops last week, and stated that the ECB maintained interest rates at the same rate at the end of December; this week focused on the US non-farm employment report and the British Central Bank interest rate resolution。
Last week
- The Federal Reserve announced an interest rate decision (ceiling) of 4.00 per cent, meeting expectations of 4.00 per cent, with an ex-value of 4.25 per cent and a reduction of 25 basis points. According to the Fed FOMC, with the closure of the balance sheet on 1 December 2025, all United States principal payments due will be extended (roll over at auction) and all principals from institutional debt and mortgage-backed securities (MBS) will be redeemed and reinvested in short-term treasury bills (Treasury bills). According to the Wall Street Journal journalist Nick Timiraos, Powell’s statement at the press conference showed that FOMC as a whole did not agree with the market’s high pricing of the December interest rate. According to Powell, the policy path of December was “deeply divided” and the interest rate was “never set”. According to Timiraos, this statement goes beyond the usual wording of “policy non-pre-set pathways” and reflects the Fed's intention to restore flexibility in decision-making. He also noted that, in the absence of key economic data, a high degree of uncertainty might lead the Federal Reserve to be more cautious。
- The ECB kept the deposit mechanism interest rate unchanged at 2 per cent, in line with market expectations, and for the third consecutive meeting, the rate remained static。
- The Central Bank of Japan maintained the same interest rate at 0.5 per cent, and for the sixth time in a row remained at the same level, consistent with market expectations。
focus events & indicators for the week
November 03
- The next vote of the United States Senate on moving the allocation program forward to stop the government's “suspension” will start as early as the night of November 3rd (to be determined)
05 November
- OCTOBER ADP NUMBER OF PERSONS IN EMPLOYMENT (21.15)
- Trump may be personally present at the hearings to hear the key “tariff decisions” of the United States High Court (to be determined)
November 06
- Central Bank Rate Decision until November 6 (20:00)
- Number of people in the United States who received unemployment benefits at the beginning of the week of 1 November (in thousands) (21:30)
November 07
- United States October unemployment rate (to be determined)
- United States Non-Agricultural Employed Population (in thousands) after season change in October (to be determined)
09 November
- OCTOBER ANNUAL RATE OF CPI (20:30)
📅发布时间：2025/11/03 12:00
🔄更新时间：2025/11/03 12:00
🔗来源：wu-talk