Downside Data Boosts Case for Rate Cuts | Presented by CME Group

Several months of ambiguous inflation and jobs reports had almost convinced markets that rate cuts were off the agenda in 2024. However, April’s nonfarm payrolls data inspired an abrupt volte-face, as signs of slowing wage growth and higher unemployment revived the argument for cuts sooner rather than later. Could the Fed make a move in 2024? Presented by @cmegroup: www.cmegroup.com/openmarkets/...
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