thematicmultistrikepoker: Non-agricultural production in April was far lower than expected, and non-agricultural production in February and March was revised down by 2multistrikepoker.20,000 people
Priya Misra, portfolio manager at JPMorgan Asset Management, said the employment data "highlightsmultistrikepoker"It expressed Powell's confidence that monetary policy is restrictive and that labor supply is the main driver of strong non-farm employment growth in recent months." Slowing job and wage growth means a "soft landing," she believes,"assuming CPI also shows a slowdown, the August rate cut could return to the market narrative." Currently, the market expects the Federal Reserve to cut interest rates by 10 basis points at its August meeting, up from 7 basis points before the report. As a result, it is clear that more data is needed to show the slowdown, especially the upcoming inflation data.