Analysts: Employment data revisions further boost claims of Federal Reserve rate cuts
2025-09-09 15:42:27
Michael James, managing director of equity trading at Rosenblatt Securities, said the U.S. jobs data revision has further fueled talk of a rate cut by the Federal Reserve. We will get more information from the Consumer Price Index (CPI) on Thursday morning, but a meaningful drop in labor force growth is further evidence that the Federal Reserve will start a rate cut cycle later this month. This makes the overall stock market performance better this morning.
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