Fed Rate Cut Odds Jump Following Huge U.S. Jobs Report Miss

The Bureau of Labor Statistics reported that nonfarm payrolls fell by 92,000 jobs in February. The market had expected a gain of about 58,000 jobs, while unemployment rose to 4.4%, above forecasts ...

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Fed Rate Cut Odds Jump Following Huge U.S. Jobs Report Miss

Source: cryptonews.net

The Bureau of Labor Statistics reported that nonfarm payrolls fell by 92,000 jobs in February. The market had expected a gain of about 58,000 jobs, while unemployment rose to 4.4%, above forecasts of 4.3%. The miss immediately pushed Fed rate cut ...