Many were expecting a rate cut in March, but in reality, the recent release of important jobs data far exceeded expectations, showing that the US job market remains strong and the US economy is also strong, and Powell also said that he will adjust his Intrerest Rate cautiously. If we just look at it on the surface, what might retail investors think? They might think that if the Fed doesn't cut interest rates in March, asset markets will collapse and then sell off, but when we dig deeper into the economy, we will find some hidden real data, although the employment rate is high but the actual situation is not optimistic, the proportion of Americans who work multiple jobs is higher than during the 2008 financial crisis, which shows that some Americans need to work Longer because of life difficulties and insufficient income.
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Many were expecting a rate cut in March, but in reality, the recent release of important jobs data far exceeded expectations, showing that the US job market remains strong and the US economy is also strong, and Powell also said that he will adjust his Intrerest Rate cautiously. If we just look at it on the surface, what might retail investors think? They might think that if the Fed doesn't cut interest rates in March, asset markets will collapse and then sell off, but when we dig deeper into the economy, we will find some hidden real data, although the employment rate is high but the actual situation is not optimistic, the proportion of Americans who work multiple jobs is higher than during the 2008 financial crisis, which shows that some Americans need to work Longer because of life difficulties and insufficient income.
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