Non-farm Payroll
Today’s payroll report was mixed, with strong and weak signs for the economy alike. Overall though, this is another net-strong report that shows that rate cuts are increasingly unlikely in 2024
As expected
As expected
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Silverbat : No matter what, FED will surprise with a rate cut this year to stimulate the economy
Brianjh OP Silverbat : I certainly do hope so
razo2 Brianjh OP : not when inflation is still above the 2% target. they can cut rates, but oil will fly back to the sky just like 2008. 2008 you have steady oil supply. 2024 you do not have that privilege.
Brianjh OP razo2 : yes. completely agree