Nonfarm Payrolls Set to Grow Moderately in December as Markets Assess Fed Rate Cut Bets

The United States (US) Bureau of Labor Statistics (BLS) will release the Nonfarm Payrolls (NFP) data for December on Friday at 13:30 GMT. The US Dollar (USD) will likely experience heightened volatility as the employment report could provide key clues about how the Federal Reserve (Fed) will approach policy-making in the new year. What to Expect From the Next Nonfarm Payrolls Report? Economists expect Nonfarm Payrolls to rise by 60,000 in December following the 64,000 increase recorded in November. In this period, the Unemployment Rate is seen edging lower to 4 source: https://beincrypto.com/us-nfp-fed-impact-eur-usd-forecast/