US Money Markets Increasingly Push a First Cut by Fed Further into Time
Action Forex
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Markets Friday’s March payrolls were strong across the board. Employment topped all estimates by growing 303k, wage growth was solid and the unemployment rate eased back to 3.8% despite an uptick in the participation rate. The first Fed governors commenting after the release erred to the hawkish side. Dallas president Logan said there’s no urgency […] The post US Money Markets Increasingly Push a First Cut by Fed Further into Time appeared first on Action Forex.
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