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Fed Expectations All Over the Place Amid Strong Data, Bank Stress, Debt Ceiling Impasse

Fed Expectations All Over the Place Amid Strong Data, Bank Stress, Debt Ceiling Impasse
Friday’s US jobs data was nowhere sad. The US economy added 253K new nonfarm jobs in April, beating analyst expectations for the 13th straight month! The unemployment rate unexpectedly fell to 3.4%, a multi-decade low, and wages grew 0.5% on a monthly basis, and 4.4% on a yearly basis. Both, higher than expected. Strong jobs […] The post Fed Expectations All Over the Place Amid Strong Data, Bank Stress, Debt Ceiling Impasse appeared first on Action Forex... Read More
Posted: May 8 2023, 06:22
Author Name: actionforex
Views: 081892

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