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The U.S. economy added fewer jobs than expected in April while the unemployment rate rose to 3.9%, reversing a trend of robust job growth that had kept the Fed cautious as it looks for signals on when it can start cutting interest rates. While, Non-farm pa

The market currently factors in 133 bps of rate cuts in 2024. Could the Fed meet tonight to increase that number? Prashant Nair with his take. #federalreserve #fomc #ratecut #centralbank #latestmarkettrends #businessnews #businessnewstoday #businessnewsine