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Market Insight: Lower jobs growth 'welcome for the Fed' | REUTERS

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May 3, 2024

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The US economy added 175,000 jobs in April, much lower than forecast. Economist Andy Schneider of BNP Paribas believes it's still a solid pace of job growth and policymakers will need to see more of a trend before cutting rates.

#useconomy #federalreserve #ratecut #interestrates #usjobs #employment #News #Reuters #Newsfeed

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Market Insight: Lower jobs growth 'welcome for the Fed' | REUTERS · Reuters · Sentinel