Reported 2 days ago
Markets are currently responding to a hawkish tone from the Federal Reserve and recent PCE data, while the upcoming jobs report is expected to play a critical role in shaping interest rate expectations. Experts highlight the delicate state of the labor market, emphasizing that a significant rise in unemployment could prompt the Fed to consider rate cuts. As tech earnings are released, the focus will be on job data to gauge the overall economic health.
Source: YAHOO