James48843
TSP Talk Royalty
- Reaction score
- 905
Jobs report- 224,000 jobs added in June. Better than expected.
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Jobs Report
- Thread starter James48843
- Start date
- Reaction score
- 2,450
The market is still (post jobs report) expecting a 100% chance of a rate cut in July (no change to that) but the chance of a 0.50% cut went from over 20% down to 4% (but moving around quite a bit today).
Why are they cutting again (and pricing in 4 cuts)? Are they trying to get the unemployment rate lower than the current near historic lows, or push inflation higher?
Why are they cutting again (and pricing in 4 cuts)? Are they trying to get the unemployment rate lower than the current near historic lows, or push inflation higher?
