📊 MAY PAYROLL: DATA COMES IN ABOVE EXPECTATIONS IN THE USA
The North American economy created 139 thousand jobs in May, surpassing market expectations, which projected 130 thousand new jobs, according to Lseg/Reuters consensus.
Meanwhile, the unemployment rate remained stable at 4.2%, indicating that the labor market remains resilient, even with signs of slowdown and uncertainties related to tariffs.
📉 And the Fed?
With this stronger-than-expected scenario, analysts believe the Federal Reserve may delay interest rate cuts, as there is still room to maintain a restrictive monetary policy for longer.
In summary: the labor market remains strong, the Fed gains time, and investors need to keep an eye on upcoming data and speeches from central bank officials.