Reported about 1 year ago
Federal Reserve policymakers are considering interest-rate cuts as the US labor market shows signs of cooling, with recent reports indicating slowing job creation and rising unemployment. The data, which suggests a potential need for rate cuts, could lead to a more active debate during the Federal Reserve's upcoming meeting in late July. While no rate change is expected in July, the possibility of a rate cut in September looms as the labor market approaches a healthier balance.
Source: YAHOO