Investors are on edge that the Fed may delay rate cuts
Investors are on edge that the Fed may delay rate cuts: Tom Essaye Quoted in Forbes
Jobs Report: Unemployment Hits 3.8% As Job Growth Pops
How the jobs report impacts market expectations for an eagerly anticipated cut to interest rates, a move which would stimulate economic growth and which is currently priced in to come in June. “Investors are on edge [that] the Fed may delay rate cuts from June until later in the summer (or late in 2024) if we get another hot employment report,” Sevens Report founder Tom Essaye explained ahead of the release.
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