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U.S. economy is worse than thought with 1.2 million fewer jobs — what that means for the Fed
Pressure is on for the Fed to start lowering rates, with markets expecting a cut at each of the three remaining meetings this year.
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scmp.com
US job market weaker than thought, Fed rate cuts loom
The lower numbers spark fears that Trump’s erratic economic policies have created so much uncertainty that businesses are reluctant to hire.
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cnbc.com
Job growth revised down by 911,000 through March, signaling economy on shakier footing than realized
The total revision was on the high end of Wall Street expectations, which ranged from a low around 600,000 to as many as a million.
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U.S. economy is worse than thought with 1.2 million fewer jobs — what that means for the Fed
Pressure is on for the Fed to start lowering rates, with markets expecting a cut at each of the three remaining meetings this year.