Jobs Data Fuels Bets on Two 2024 Fed Cuts
Bloomberg Businessweek
Market Volatility and Fed Rate Cut Speculation
The chapter delves into market movements driven by the weakening labor market and speculations of up to two rate cuts by the Federal Reserve. Discussions revolve around the impact of recent data on bond yields, expectations for Powell's testimony to Congress, and the importance of monitoring inflation and election-related uncertainties in anticipating future Fed actions.
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