US Employers Scale Back Hiring in April, Opening Possibility for Fed Interest Rate Cuts
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#2140b79c ver:1.19

US employers scaled back hiring in April, with only 175,000 jobs added, below expectations. This weak jobs report is seen as positive by the Federal Reserve, as it indicates a cooling labor market and slower wage growth, which helps prevent inflation. Investors are now expecting interest rate cuts in September. #jobs #economy #inflation #interestrates...

#newstr #UsEmployers #Hiring #InterestRates #FederalReserve #Inflation #JobMarket #UnemploymentRate 

 https://here.news/story/2140b79c?ver=1.19