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Confounding US economic, inflation data muddy Fed’s rate path /
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2024-05-05 23:03:18

Confounding US economic, inflation data muddy Fed’s rate path on Nostr: American Investors Cautious Amid Signs of Slowing Economy =============== #2140b79c ...

American Investors Cautious Amid Signs of Slowing Economy
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#2140b79c ver:1.27

American investors are cautious as signs of a slowing economy emerge. Job growth in April fell short of expectations, indicating a slowdown in the labor market. Wage growth also slowed more than anticipated. Traders are now pricing in a strong chance of two interest rate cuts by the end of 2024. The Federal Reserve sees the job market as strong but notes that inflation is too high. American investors are wary of the cooling economy and the need for rate cuts to support it. #economy #jobs #investing...

#newstr #UsJobMarket #FederalReserve #Unemployment #EconomicTrends #EmploymentGrowth #PresidentBiden #Wages #InterestRates #Europe #AmericanInvestors #SlowingEconomy

https://here.news/story/2140b79c?ver=1.27
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