Downside Data Boosts Case for Rate Cuts | Presented by CME Group
May 7, 2024
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1:06Now PlayingDownside Data Boosts Case for Rate Cuts | Presented by CME Group
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as posted by the channelSeveral months of ambiguous inflation and jobs reports had almost convinced markets that rate cuts were off the agenda in 2024. However, April’s nonfarm payrolls data inspired an abrupt volteface, as signs of slowing wage growth and higher unemployment revived the argument for cuts sooner rather than later. Could the Fed make a move in 2024? Presented by @cmegroup
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