⚡ JUST IN 💥$BNB 🚨What should investors expect from the Federal Reserve after latest jobs data?
Fed officials are taking the weak February jobs report seriously after payrolls fell by 92,000 instead of rising by 50,000.
Mary Daly said the labor market is softening while inflation is still above the Fed’s 2% target, which makes the next rate decision harder.
Stephen Miran and Michelle Bowman both said the weak data supports more rate cuts and more policy support for the labor market.