US Jobs Data Essential for Fed's Rate Decisions

Reported about 1 month ago

Upcoming US labor market reports, particularly the monthly payrolls report, will guide Federal Reserve policymakers on the necessity for further interest rate reductions following a likely cut. Despite inflation remaining above target, signs of a cooling labor market, including slowing job growth and changing vacancy rates, will inform the Fed's decisions, as officials balance economic growth with maintaining price stability.

Source: YAHOO

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