BEIJING, July 31- China should set an economic growth target of 6.5-7 percent for 2015, below its goal for 2014, and refrain from stimulus measures unless activity threatens to slow sharply from that level, the International Monetary Fund said on Thursday.» Read More
The expectation from Goldman Sachs is that the Fed will announce its plan to taper asset purchases in December, Jan Hatzius, Goldman's chief economist, told CNBC Friday.
Jan Hatzius, Goldman Sachs chief economist, explains how he predetermined today's jobs number and what it indicates about the nation's employment picture and economy.
"Today's report shows that the economy is continuing to recover," said Alan Krueger, White House Council of Economic Advisers chairman, commenting on today's better-than-expected employment report.
CNBC's Hampton Pearson breaks down the latest number on jobs. "It's a flatline number," replies CNBC's Steve Liesman, talking with CNBC's Rick Santelli about the employment results. With Mark Zandi, Moody's Analytics; Kevin Hassett, American Enterprise Institute; Austan Goolsbee, Booth School of Business, and Greg Ip, The Economist.
Mark Zandi, Moody's Analytics; Kevin Hassett, American Enterprise Institute; Austan Goolsbee, Booth School of Business, and Greg Ip, The Economist, discuss what they are expecting to see from Friday's employment data.
Marco Stefanini, CEO and president of Stefanini IT Solutions, talks about the Brazilian economy, the challenges it has overcome and the remaining ones as well as state interference.
Ric Deverell, managing director and global head of FX, commodities and Asian strategy at Credit Suisse, says that a Fed tapering is "ultimately a positive thing" even though it will add short-term volatility in bonds and currencies.
Donald Tusk, Poland's prime minister, , talks about how Poland should continue to avoid a recession, how it plans to tackle high unemployment and deficits and the increased trust in its sovereign debt.
Pawel Tamborski, Poland's deputy treasury minister, describes how Poland is working on boosting infrastructure investment and lowering its deficit.
Valentin Marinov, director of FX strategy at Citi, says investors shouldn't interpret today's ECB decision as a lack of options, but as proof there's no urgency to implement further easing.
Allister Heath, editor at City AM, highlights that the BoE's voting system could make it harder for Mark Carney to make changes and says the recent data proves that "it's an important moment" for the U.K.'s economy.
Emre Deliveli, economist and writer at the Hurriyet Daily News, says the Turkish government has a lot of public support, and that no compromise will be found until the Prime Minister's return from North Africa.
Gary Greenberg, head of emerging markets at Hermes, discusses emerging markets, the slowdown in India, the "too cheap" Russian market, and explains why his preferred stock is a Chinese dairy company.
PK Basu, head of Asia research and economics at Maybank Kim Eng, says that the Indian "sluggish" growth trend will remain as domestic demand and investment spending is "exceedingly weak".
Philip Shaw, chief economist at Investec, explains why the ECB will keep its interest rate unchanged, and why it is "reluctant" to implement a negative deposit rate.
Yannis Stournaras, Greece finance minister, says the improved OECD forecast for Greece's GDP is "more consistent with present developments" and expects a "slight positive growth" in 2014.
Julia Coronado, BNP Paribas economist, and Tom Porcelli, RBC Capital Markets, discuss how a slightly lower read on GDP impacts the Fed's stimulus measures.
CNBC's Diana Olick breaks down the better-than-expected numbers on housing. And, a look at the second estimate for first quarter GDP, with CNBC's Steve Liesman.
Jim Iuorio, TJM Institutional Services has the unemployment and gross domestic product numbers. And, CNBC's Steve Liesman, and Tom Higgins, BNY Mellon's Standish chief economist weigh in on what it indicates about the economic recovery and its impact on the markets.
Sharon Stark, fixed income strategist at DA Davidson, discusses U.S. bonds' "seesaw pattern" due to uncertainty about the recovery's strength and explains why U.S. GDP should slow through the year.