2. Focus Headline: Economic Cooling
🥶 Is the US Labor Market Cooling? Will the Fed Hit Its Target?
Summary:
With high interest rates, markets are searching for clear signals of a slowdown in the US labor market.
🔹 Desired Cooling: The Fed aims for a "soft landing" to curb inflation—not too hot, but avoiding a recessionary freeze.
🔹 The Risk: If the Unemployment Rate spikes too quickly, it could signal a sharp economic contraction.
#Unemployment #SoftLanding #USJobsData