Reported about 1 month ago
Recent U.S. jobs data suggests a cooling labor market, complicating the Federal Reserve's decision on potential interest rate cuts. While some officials see the possibility of larger cuts depending on future data, others emphasize the economy's overall resilience despite slower job creation. The upcoming Fed meeting could spark intense debate on the appropriate pace and scale of cuts, as policymakers balance their responses to evolving economic indicators.
Source: YAHOO