Former FOMC George: Jobs report raises questions about the timing and number of rate cuts ...Middle East

Comments from the recently-retired KC Fed President:We certainly don't seem to be seeing a growth slowdown just yet.I'd be resetting my own expectations around how soon rate cuts should come and say the economy has held up pretty well.It is a strong jobs report for sure.They probably didn't get the jobs report till late yesterday afternoon.I think the Fed is well aware that inflation must be convincingly defeated before they make a move. You know seasonal adjustment factors all these things you got to maybe take January with a bit of a grain of saltI just think markets may continue to be frustrated by messaging that is a little more cautious around this idea of gaining greater confidenceI th

Read More Details
Finally We wish PressBee provided you with enough information of ( Former FOMC George: Jobs report raises questions about the timing and number of rate cuts )

Also on site :

• Numbrix 9 - June 18
• BACK
• A look at six bills in Albany awaiting Gov. Hochul’s signature