The jobs report will ‘lead to continued controversy,’ leaving Jerome Powell in wait-and-see mode

The jobs report will ‘lead to continued controversy,’ leaving Jerome Powell in wait-and-see mode

Jay Goldinger Jay Goldinger

Jay Goldinger

Founder | Non-profit Leadership, Major Donor Cultivation

发布日期: 2024年6月10日
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  • U.S. employers added 272,000 jobs in May, shattering expectations that nonfarm payrolls would reflect a softening market as other indicators point to a cooler economy.
  • Average hourly earnings also rose by an annual pace of 4.1 percent, surpassing the rate of inflation
  • Other recent economic gauges have hinted at slowing U.S. growth, which had given investors hope that the Fed might lower rates before the end of the year
  • Is wage growth slowing enough to please the Fed?- Not yet

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