March nonfarm payrolls surged to 178,000, far exceeding expectations of 60,000, as unemployment fell to 4.3%, strengthening Fed hawks' argument that interest rates are nearing neutral levels and supporting a pause in rate cuts amid Iran war uncertainties.
#YonhapInfomax #MarchJobsReport #FederalReserve #NonfarmPayrolls #NeutralRate #NickTimiraos #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=113730The U.S. Fed Chair selection process is unfolding with rare transparency, a move seen as bolstering the case for rate cuts by establishing intellectual legitimacy and moderating the appointment timeline.
#YonhapInfomax #FederalReserve #RateCuts #NickTimiraos #DonaldTrump #FedChairSelection #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=87609
Timiraos - 'Unprecedented Transparency in Fed Chair Selection—Securing 'Intellectual Legitimacy' for Rate Cuts'
The U.S. Fed Chair selection process is unfolding with rare transparency, a move seen as bolstering the case for rate cuts by establishing intellectual legitimacy and moderating the appointment timeline.
The June FOMC minutes reveal a three-way split among Fed officials on rate cut timing, with analysts expecting any future easing to be limited unless the U.S. economy slows sharply.
#YonhapInfomax #FederalReserve #FOMC #RateCut #NickTimiraos #NeutralRate #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=71509
Timiraos - 'Fed Faces 'Three-Way Split'—Even If Rate Cuts Resume, Easing Likely to Be Limited'
The June FOMC minutes reveal a three-way split among Fed officials on rate cut timing, with analysts expecting any future easing to be limited unless the U.S. economy slows sharply.
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