LaMuerteBlanca
--
#NFPWatch The Non-Farm Payrolls (NFP) report from the U.S., published today, showed weaker-than-expected job creation, with 140,000 new positions in June, compared to the 190,000 forecasted. The unemployment rate rose slightly to 4.1%, indicating a moderation in the labor market. Average hourly wages increased by 0.2%, below the expected 0.3%, suggesting lower inflationary pressure.
This data reinforces expectations that the Federal Reserve may cut rates at its next meeting, as it indicates a slowdown in economic growth. The dollar reacted weakly against other currencies, while gold and stock indices showed moderate gains in light of the prospects for more flexible monetary policy.
Investors will remain attentive to upcoming inflation data (CPI and PCE) and statements from the Fed to confirm a possible shift in rate policy for the second half of the year.
This data reinforces expectations that the Federal Reserve may cut rates at its next meeting, as it indicates a slowdown in economic growth. The dollar reacted weakly against other currencies, while gold and stock indices showed moderate gains in light of the prospects for more flexible monetary policy.
Investors will remain attentive to upcoming inflation data (CPI and PCE) and statements from the Fed to confirm a possible shift in rate policy for the second half of the year.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
0