Reported about 1 month ago
As the Federal Reserve prepares to implement rate cuts, the focus shifts to the upcoming US employment report, which is expected to impact the size of the reduction. The recent rise in unemployment has heightened concerns about the labor market, overshadowing inflation issues, while investors are increasingly prioritizing jobs data in their market strategies. Both the Fed and political candidates are adapting their approaches in response to changing sentiments about the job market, making it a pivotal factor for upcoming economic policies.
Source: YAHOO