US Money Markets Increasingly Push a First Cut by Fed Further into Time

8 months ago 87

Markets Friday’s March payrolls were strong across the board. Employment topped all estimates by growing 303k, wage growth was solid and the unemployment rate eased back to 3.8% despite an uptick in the participation rate. The first Fed governors commenting after the release erred to the hawkish side. Dallas president Logan said there’s no urgency […] The post US Money Markets Increasingly Push a First Cut by Fed Further into Time appeared first on Action Forex.


View Entire Post

Read Entire Article