Reported about 15 hours ago
Recent analysis indicates that US job growth through March 2025 may have been overestimated by up to a million positions, potentially leading the Federal Reserve to cut interest rates. Revisions by the Bureau of Labor Statistics could show that hiring was weaker earlier than previously thought, which may increase scrutiny of BLS accuracy and provide political ammunition for criticisms regarding economic performance under former President Trump. As concerns about the labor market's momentum grow, the Fed is expected to respond to these developments in its upcoming meetings.
Source: YAHOO