#Business

US jobs boom raises doubts about rate cuts


“The blockbuster 303,000 increase in non-farm payrolls in March supports the Fed’s position that the resilience of the economy means it can take its time with rate cuts, which might now not begin until the second half of this year,” said Paul Ashworth, chief economist at Capital Economics.



Source link

Leave a comment

Your email address will not be published.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