Tag: Jobs report
Interest Rate Cuts Expected as Labor Market Weakens – San Francisco Fed President Daly
San Francisco Federal Reserve President Mary Daly expressed her expectation that interest rates will be lowered later this year due to the weakening labor market. While she did not provide a specific timeline or...
Ultimate Guide to Friday’s Key Jobs Report: Everything You Should Know
The U.S. labor market may have taken a hit in July due to a gradual slowdown in the economy and the impact of Hurricane Beryl. The upcoming nonfarm payrolls report from the Labor Department,...