Market Insight: Bumper payrolls dent hopes for Fed easing

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Published Jun 8, 2024

The US economy created far more jobs than expected in May, underscoring the resilience of the labor market and reducing the likelihood the Federal Reserve will be able to start rate cuts in September. Aaron Anderson, SVP of Research at Fisher Investments, shares his expectations for how the US share markets may track for the rest of this year.

#News #economy #usa #Reuters #Newsfeed #federalreserve #labormarket

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Market Insight: Bumper payrolls dent hopes for Fed easing | REUTERS

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