Reported about 1 month ago
Investors are left uncertain about the Federal Reserve's next moves on interest rates following the August jobs report. Brian McCarthy, Chief Strategist at Macrolens, warns that a modest 25 basis-point cut might not meet market expectations, potentially leading to heightened volatility. He highlights disguised weaknesses in the job market, particularly as recent government and healthcare hiring trends mask broader employment struggles. Watch for insights on future market movements in the full episode of Catalysts.
Source: YAHOO