Fed Might Have Cut Rates Sooner If July Jobs Data Had Been Available

Reported 1 day ago

The release of a weaker-than-expected July jobs report suggests that the Federal Reserve may have opted for an interest rate cut if the data had been available earlier. Analysts believe that factors such as tariffs and high interest rates are contributing to the hiring slowdown. Concerns remain about inflation resulting from tariffs, leading to increased market volatility until the Fed adjusts its policies.

Source: YAHOO

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