It is important to note that, US job openings declined to a 3.5-year low in July, reflecting a labor market that is gradually losing steam. According to the Job Openings and Labor Turnover Survey (JOLTS) report from the Labor Department, the number of job openings fell by 237,000 to 7.

US job openings hit 3.5-year low as labor market cools, trade deficit widens

Seen as a positive development for the US economy, a recent paper published by the Federal Reserve indicates that housing inflation is likely to decrease in the year ahead.

US housing inflation anticipated to decline in the coming year, according to federal reserve report

Upcoming readouts on the US labour market, including the monthly payrolls report, will give Federal Reserve policymakers a look at the necessity of further interest-rate reductions beyond an all-but-certain cut in just more than two weeks.

Fed eyes key labour market data as rate cut decision looms

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US job openings hit 3.5-year low as labor market cools, trade deficit widens

US housing inflation anticipated to decline in the coming year, according to federal reserve report

Fed eyes key labour market data as rate cut decision looms