Reported about 15 hours ago
The Federal Reserve is anticipated to start cutting interest rates in June following a report indicating stronger-than-expected job growth, easing concerns about the labor market amidst escalating global trade tensions. Despite the positive jobs data, which revealed an addition of 228,000 jobs last month, investors remain concerned about potential economic slowdowns due to a trade war, leading to bets on significant rate cuts by year-end.
Source: YAHOO