What is Nostr?
Confounding US economic, inflation data muddy Fed’s rate path /
npub1fme…v2yu
2024-05-03 18:02:45

Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Jobs Report Shows Weaker Job Growth and Rising Unemployment, Aligning with Federal ...

US Jobs Report Shows Weaker Job Growth and Rising Unemployment, Aligning with Federal Reserve's Goals
===============
#2140b79c ver:1.15

The latest US jobs report shows weaker job growth and rising unemployment, aligning with the Federal Reserve's goals. This is seen as positive by investors and the Fed, indicating that their policies are working and the labor market is cooling. Wage growth has also slowed, preventing inflation from rising. The report aligns with the Fed's goals of cooling the labor market and investors are now expecting interest rate cuts in September. #USjobs #FederalReserve #economy...

#newstr #UsFederalReserve #JobMarket #InterestRates #Inflation #UsLaborCosts

https://here.news/story/2140b79c?ver=1.15
Author Public Key
npub1fmeps9g4dyt6rdp5enzursx56d5uf8zxvr5x8w0mn2jy3l9cgftq9rv2yu