Similar Stories to Jobs Report Points To Fed Rate Hike: Economists on Bing News

Economists: While the economy added fewer jobs than expected, Friday's employment report will likely push the Fed to hike interest rates this month.

Topics:  economists   fed   jobs   report   rate   hike   
BING NEWS:
  • USD/JPY Forecast: Household Spending and Jobs Report Drive Near-Term Trends
    BoJ’s Nakamura may influence USD/JPY buyers following wage growth and services PMI data, with Yen weakness another monetary policy consideration.
    06/5/2024 - 1:14 pm | View Link
  • ECB's expected rate cut may force Fed's hand
    The European Central Bank will follow other banks in cutting interest rates on Thursday, ahead of a key Fed meeting next week.
    06/5/2024 - 10:45 am | View Link
  • Pressure Mounts On Fed As Eurozone, Canada Plan Interest Rate Cuts This Week
    In a Monday interview, Minneapolis Fed President Neel Kashkari advocated for maintaining the current Fed rate in the U.S. for a longer period.
    06/3/2024 - 6:52 am | View Link
  • The Week Ahead: Services PMIs, the US Jobs Report, and the ECB in Focus
    In the week ahead, the US data could influence investor bets on a September Fed rate cut as the BoC and the ECB prepare for 25-basis point rate cuts.
    06/1/2024 - 3:10 pm | View Link
  • Dow soars nearly 600 points after inflation gauge closely watched by Fed reignites hope for fall rate cut
    The report from the Commerce Department also showed tepid consumer spending, a wrinkle that could help the Fed’s inflation fight or cause jitters if the economy cools too quickly.
    05/31/2024 - 1:57 pm | View Link
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