US jobs race towards Fed rate cut in September. The trend of swaps after the unemployment data indicates a reduction in the cost of money in September and no longer in July.
The American economy created 303,000 jobs in March, well above the expectations of analysts who were betting on 214,000. The unemployment rate fell to 3.8% from 3.9% in February. Reproduction reserved © Copyright ANSA. All rights reserved. The US job market is racing and the Fed's rate cut could be moving away.