June Fed Cut Looks Less Likely to Investors Now -- Market Talk
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Express News | US Factory Orders (MoM) (Mar) +4.3% Vs +4.4% Est
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CME's "FedWatch": The Probability of the Fed Keeping Rates Unchanged in May Is 99.4%
This is the non-farm data that the market is most eager to see! The USA added 177,000 jobs, reinforcing the "soft landing" path, and the expectations for interest rate cuts remain strong.
In April, employment growth in the USA was strong, and the unemployment rate remained stable, indicating that the uncertainty of the trade policies led by Donald Trump has not had a substantial impact on hiring plans.
