Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
US Labor Market Shows Signs of Losing Steam, Putting the Fed on Alert https://t.co/kcHi20HwDk
US Labor Market Shows Signs of Losing Steam, Putting the Fed on Alert - BBG https://t.co/Ywzb977Jtk
“If employment starts falling apart or if the economy begins to weaken, which you’ve seen some warning signs, you’ve got to balance that off with how progress you’re making on the price front. The unemployment rate is still quite low, but it has been rising.” @business https://t.co/iVee5hPpFL
US employment in June likely held steady at 190k, with the unemployment rate at 4%. Concerns arise over potential weakness prompting the Fed to cut rates sooner. Market speculates on job market stability and Fed's rate adjustments.