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Confounding US economic, inflation data muddy Fed’s rate path /
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2024-05-04 02:04:35

Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Job Growth Slows in April, Unemployment Rate Rises to 3.9% =============== ...

US Job Growth Slows in April, Unemployment Rate Rises to 3.9%
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#2140b79c ver:1.17

US job growth slows in April, with only 175,000 jobs added and unemployment rate rising to 3.9%. The weak report aligns with the Federal Reserve's goals of cooling the labor market and preventing inflation. Investors expect interest rate cuts in September. Wage growth also slows, indicating a positive development for the Fed's inflation fight. #USjobs #economy #FederalReserve #inflation...

#newstr #UsEconomy #JobGrowth #UnemploymentRate #FederalReserve #Inflation #WageGrowth #LaborMarket

https://here.news/story/2140b79c?ver=1.17
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