DeFi Daily News
Sunday, June 1, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Videos

US jobs data revisions reinforcing cooling economy, rate cuts

DeFi Daily News by DeFi Daily News
July 5, 2024
in Videos
0 0
0
US jobs data revisions reinforcing cooling economy, rate cuts
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article



#june #jobreports #labor #yahoofinance

The US Bureau of Labor Statistics reported 206,000 new jobs added in June, topping expectations for 190,000 jobs. Rabobank head of FX strategy Jane Foley joins Catalysts to discuss the print and what it means for the Federal Reserve’s timeline to cut interest rates. “We saw a significant downward revision to the last two months’ worth of payrolls data, meaning that a month ago, when we were here staring at what we thought was a very, very strong payrolls report that month, well, actually, it wasn’t as strong as we thought. And so, in addition to that downward revision, we also got a tick-up in the unemployment rate,” Foley explains. The US unemployment rate rose from 4.0% to 4.1% month over month in June. She adds that the labor market is cooling, reinforcing the idea that the Fed may begin cutting interest rates in September. Citi economists are also forecasting three rate cuts in the remainder of 2024 starting in September. Foley is pricing in two rate cuts by the end of the year, the first in September and the second in December. While the jobs report is a good signal for the Fed, Foley notes that “there are still elements here with respect to inflation and particularly services sector inflation that policymakers are still going to be a little bit concerned about.” For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl

Yahoo Finance: Market Coverage, Stocks, & Business News
About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

– Get the latest news and data at finance.yahoo.com

– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

– Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance

source

Tags: BondsbusinessCoolingCurrenciesCutsdataEconomyEquitiesFXInvestingInvestmentjobsJune Jobs reportMarketMarketsMoneyNewsNYSEPersonal FinancePoliticsRatereinforcingrevisionsSavingsStock marketstocksYahoo FinanceYahoo FInance Premium
ShareTweetShare
Previous Post

Saks parent HBC, Neiman Marcus reach $2.65B acquisition deal

Next Post

Mt. Gox Crashing Bitcoin!🔥Crypto Market Still Bullish?

Next Post
Mt. Gox Crashing Bitcoin!🔥Crypto Market Still Bullish?

Mt. Gox Crashing Bitcoin!🔥Crypto Market Still Bullish?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title Haliey Welch Breaks Silence on Hawk Tuah Coin Collapse

rewrite this title Haliey Welch Breaks Silence on Hawk Tuah Coin Collapse

May 6, 2025
Protecting Yourself from Scams by Third-Party Sellers – NerdWallet

Protecting Yourself from Scams by Third-Party Sellers – NerdWallet

July 16, 2024
Complete Guide: Obtaining Wallet Transactions with RPC Nodes – Moralis Web3 | Advanced Web3 API Services

Complete Guide: Obtaining Wallet Transactions with RPC Nodes – Moralis Web3 | Advanced Web3 API Services

August 20, 2024
rewrite this title with good SEO Viral Success Locked Amid $FAT Crypto Breakout: Is $FAT Hottest Meme Coin in April?

rewrite this title with good SEO Viral Success Locked Amid $FAT Crypto Breakout: Is $FAT Hottest Meme Coin in April?

April 17, 2025
I Have Fallen Into The Personal Loan Trap

I Have Fallen Into The Personal Loan Trap

May 2, 2025
Top 5 Superior Ethereum Faucets to Earn Free ETH in 2024

Top 5 Superior Ethereum Faucets to Earn Free ETH in 2024

July 16, 2024
rewrite this title Jade Cargill breaks silence after failing to qualify for women’s Money in the Bank

rewrite this title Jade Cargill breaks silence after failing to qualify for women’s Money in the Bank

June 1, 2025
rewrite this title and make it good for SEOFPIs infuse Rs 19,860 cr in equities in May on strong domestic fundamentals, global eco indicators

rewrite this title and make it good for SEOFPIs infuse Rs 19,860 cr in equities in May on strong domestic fundamentals, global eco indicators

June 1, 2025
rewrite this title Ethereum Climbs In Key Channel After Triple Consolidation Setup | Bitcoinist.com

rewrite this title Ethereum Climbs In Key Channel After Triple Consolidation Setup | Bitcoinist.com

June 1, 2025
rewrite this title In Da Anti-Clemency Club: No Sean “Diddy” Combs Pardon From Trump, 50 Cent Vows

rewrite this title In Da Anti-Clemency Club: No Sean “Diddy” Combs Pardon From Trump, 50 Cent Vows

May 31, 2025
rewrite this title with good SEO Tron (TRX) Future Retail Activity Indicates More Gains Ahead – Analyst

rewrite this title with good SEO Tron (TRX) Future Retail Activity Indicates More Gains Ahead – Analyst

May 31, 2025
rewrite this title Bitcoin Price Trend Above 0,000: The Good News And The Bad News

rewrite this title Bitcoin Price Trend Above $100,000: The Good News And The Bad News

May 31, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.