Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Employers Add 175,000 Jobs in April, Below Expectations, Opening Possibility for ...
US Employers Add 175,000 Jobs in April, Below Expectations, Opening Possibility for Fed Interest Rate Cuts
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#2140b79c ver:1.24
US employers added 175,000 jobs in April, below expectations, opening the possibility for Fed interest rate cuts. The weak jobs report indicates a cooling labor market and slower wage growth, which aligns with the Fed's goals of preventing inflation from rising. Investors are now expecting rate cuts in September, as the Fed's patient approach on inflation pays off. However, concerns remain about the concentration of job growth in certain sectors and the gradual increase in the unemployment rate. #jobs #economy #inflation #Fed...
#newstr #UsFederalReserve #JobMarket #InterestRates #Inflation #UsLaborCosts #AprilJobsReport #EconomicSlowdown
https://here.news/story/2140b79c?ver=1.24
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#2140b79c ver:1.24
US employers added 175,000 jobs in April, below expectations, opening the possibility for Fed interest rate cuts. The weak jobs report indicates a cooling labor market and slower wage growth, which aligns with the Fed's goals of preventing inflation from rising. Investors are now expecting rate cuts in September, as the Fed's patient approach on inflation pays off. However, concerns remain about the concentration of job growth in certain sectors and the gradual increase in the unemployment rate. #jobs #economy #inflation #Fed...
#newstr #UsFederalReserve #JobMarket #InterestRates #Inflation #UsLaborCosts #AprilJobsReport #EconomicSlowdown
https://here.news/story/2140b79c?ver=1.24