✉news BusinessReal Estate first seen 1 d ago, last 5 h ago, peak #7
Fed rate hike less likely after jobs report misses expectations
Original: Fed rate hike less likely after job gains miss the mark
US job gains fell short of expectations in the latest employment report, leading investors and economists to scale back predictions of another Federal Reserve interest rate hike. Weaker hiring suggests the economy is cooling, which could ease pressure on the central bank to tighten policy further. Markets are watching upcoming inflation data for confirmation.
Why now: The weaker-than-expected jobs data directly affects expectations for the Fed's next rate decision and markets broadly.
Evidence
- Fed rate hike less likely after job gains miss the mark · realestatenews.com
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