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U.S. Jobs Growth Softens In April: Rate Cuts Back On The Cards For 2024? | India Tonight

3 週前
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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 payrolls increased by 175,000 on the month, below the 240,000 estimates from the Dow Jones consensus. At the same time, the 10-year treasury yields have fallen to 4.5%.
On this edition of India Tonight, ET NOW's Vikram Oza speaks with Geoff Dennis, an Independent Emerging Markets Commentator, about the same

#usfed #fedratecuts #interestrate #fedmeet #jeromepowell #fomc #fomcmeet #usdollar #indiatonight #ratecuts #businessnews #stocknews #etnow
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