Reuters
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Market Insight: Labor market 'may give Fed cover to cut rates' | REUTERS
Posted
July 1, 2024
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July 1, 2024
691
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4:13Now PlayingIt's a key week for jobs market data, with the US economy forecast to have added 190,000 jobs in June — substantially fewer than May's 272,000. Jack Janasiewicz of Natixis told Reuters the focus will be on the overall unemployment number — and if it edges up, it may give the Fed cover for a rate cut.
#News #marketinsight #markets #jobs #unemployment #useconomy #globalmarkets #labourmarket #Reuters #Newsfeed
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