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The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
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(Bloomberg) — The burst of foreign interest in US jobs following the COVID-19 pandemic has all but vanished, a shift that threatens to exacerbate labor shortages in industries such as health ...
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The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views prevented bigger gains.
Analyst makes bold interest rate cut prediction Most Fed watchers expected the Fed to continue cutting interest rates in 2025, given that they reduced rates by 1% in the final months of 2024.
The DXY dollar index was higher, and—barring weaker-than-expected jobs data—the dollar could continue consolidating ahead of the July 4 U.S. holiday, ING said.
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A look at the estimates and what experts are saying about the September jobs report and how it could impact future interest rate cuts.