Fed Interest Rate Decision Will Key Off Unemployment Amid Mixed Jobs Data

The strong May payrolls report likely rules out Fed easing this summer, but other jobs data including rising unemployment could allow the Fed to move later this year. More From ForbesJun 10, 2024,02:39pm EDTBusiness Travel Comeback Pushes Global Spending Past $1.5 Trillion”,”scope”:{“topStory”:{“index”:1,”title”:”Business Travel Comeback Pushes Global Spending Past $1.5 Trillion”,”image”:”https://specials-images.forbesimg.com/imageserve/666747ab3a2bb69cbd3db5c0/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Jun 10, 2024″,”hourMinute”:”02:39″,”amPm”:”pm”,”isEDT”:true,”unformattedDate”:1718044760141},”uri”:”https://www.forbes.com/sites/greatspeculations/2024/06/10/business-travel-comeback-pushes-global-spending-past-15-trillion/”}},”id”:”c733j4pjjlhk00″},{“textContent”:”Jun 10, 2024,12:00pm EDTWhat’s…

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The Fed Will Key Off Unemployment Amid Mixed Jobs Data

The strong May payrolls report likely rules out Fed easing this summer, but other jobs data including rising unemployment could allow the Fed to move later this year. More From ForbesJun 10, 2024,08:30am EDTUp 52% This Year As Memory Market Picks Up, Will Micron Stock Rise Further Following Q3 Earnings?”,”scope”:{“topStory”:{“index”:1,”title”:”Up 52% This Year As Memory…

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