“Federal Reserve Mouthpiece”: Non-farm Payrolls Reduce Likelihood of Rate Cut in June
【“Federal Reserve Mouthpiece”: Non-farm Payrolls Reduce Likelihood of Rate Cut in June】Financial Association News, May 2nd, “Federal Reserve Mouthpiece” Nick Timiraos stated that the employment report for April has made the possibility of a rate cut in June smaller (although June is still far away), as there will only be one more employment report before then. As it stands, this means the Federal Reserve does not need to make any statements regarding the June meeting next week.
