According to Deep Tide TechFlow news on May 2, reported by Jin10, "The Federal Reserve's mouthpiece" Nick Timiraos stated that the employment report for April makes the possibility of a rate cut in June less likely (even though there is still a long way to go until June), as there will only be one more employment report released before then. For now, this means that the Federal Reserve does not have to make any comments on the June meeting next week.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
According to Deep Tide TechFlow news on May 2, reported by Jin10, "The Federal Reserve's mouthpiece" Nick Timiraos stated that the employment report for April makes the possibility of a rate cut in June less likely (even though there is still a long way to go until June), as there will only be one more employment report released before then. For now, this means that the Federal Reserve does not have to make any comments on the June meeting next week.