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
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#2140b79c ver:1.16
The latest US jobs report shows weaker job growth and rising unemployment, aligning with the Federal Reserve's goals of cooling the labor market and preventing inflation. The report also reveals a slowdown in wage growth, which is seen as positive for preventing inflation from rising. Investors are now expecting interest rate cuts in September as a result. However, concerns remain about the concentration of job growth in certain sectors and the gradual increase in the unemployment rate. #USjobs #FederalReserve #economy...
#newstr #UsFederalReserve #JobMarket #InterestRates #Inflation #UsLaborCosts #UsEconomy #JobsReport
https://here.news/story/2140b79c?ver=1.16
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#2140b79c ver:1.16
The latest US jobs report shows weaker job growth and rising unemployment, aligning with the Federal Reserve's goals of cooling the labor market and preventing inflation. The report also reveals a slowdown in wage growth, which is seen as positive for preventing inflation from rising. Investors are now expecting interest rate cuts in September as a result. However, concerns remain about the concentration of job growth in certain sectors and the gradual increase in the unemployment rate. #USjobs #FederalReserve #economy...
#newstr #UsFederalReserve #JobMarket #InterestRates #Inflation #UsLaborCosts #UsEconomy #JobsReport
https://here.news/story/2140b79c?ver=1.16