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*Fed Rate Cut Update!*
The April employment report reduces the likelihood of a June rate cut, according to Nick Timiraos, known as the "Fed's Mouthpiece." With only one more employment report before June, the Fed might not need to make any statements about the June meeting next week.
*Market Implications:*
- Reduced chances of a June rate cut.
- Fed's decision might depend on the next employment report.
#FederalReserve #interestrates #EmploymentReport #RateCut #MonetaryPolicy
The April employment report reduces the likelihood of a June rate cut, according to Nick Timiraos, known as the "Fed's Mouthpiece." With only one more employment report before June, the Fed might not need to make any statements about the June meeting next week.
*Market Implications:*
- Reduced chances of a June rate cut.
- Fed's decision might depend on the next employment report.
#FederalReserve #interestrates #EmploymentReport #RateCut #MonetaryPolicy
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