đ¨ Weak Labor Market May Push Fed Toward Further Rate Cuts đ¨
Despite inflation remaining above target, signs of weakness in the labor market could encourage the Federal Reserve to continue cutting interest rates.
He noted that delayed October and November nonfarm payroll data confirms a trend seen since early this year job growth has stalled. Investors are advised to closely monitor labor market data for further confirmation.
Could labor market weakness become the next catalyst for additional Fed easing?
This article is for informational purposes only, not investment advice.
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