Agencies: The Federal Reserve is expected to resume interest rate cuts in July
2025-06-06 13:22:59
Jamie Cox, managing partner at Harris Financial Group, said the US labour market remained strong but was cooling. Given the heavily revised pre-farm report, I expect the Fed to resume rate-cutting mode in July. Wages are stable but likely to change in the coming months. The biggest variable in the labour market is housing, which is showing early red flags and a cooling labour market will exacerbate this trend.
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