Is the Federal Reserve Likely to Cut Rates Following the June Jobs Report?
Friday, 5 July 2024, 22:11
June Jobs Report Overview
June saw the addition of 206,000 jobs to the US economy.
The unemployment rate rose to 4.1% during the same period.
Expert Analysis on Fed's Response
Many economists see this as an opportunity for the Federal Reserve to start cutting rates.
Head of News at Yahoo Finance, Myles Udland, shares insights on the Fed's June dot plot and the potential rate cut decision.
- This post was written by Luke Carberry Mogan.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.