Reported 1 day ago
Expectations for the Federal Reserve to cut interest rates in the near future are fading as the labor market shows unexpected resilience. Financial markets have adjusted their projections, now anticipating the Fed will maintain rates through July, contrary to earlier expectations of imminent cuts. Despite pressure from external factors like tariff-induced job losses, the Fed appears cautious about further rate reductions, balancing concerns over inflation and employment stability.
Source: YAHOO