HomeMarketsU.S. Economy & JobsKneejerk Reaction to Job Market Outlook & Impact on Rate Cuts

Kneejerk Reaction to Job Market Outlook & Impact on Rate Cuts

The job market has recovered since the summer, according to Jeffrey Cleveland. He calls the reaction to the Trump administration's planned job cuts a market "kneejerk," saying there's too many unknowns to warrant volatility. The job market also weighs on the Fed, as Jeffrey notes its members will moderate rate cuts to prevent "damage" to the labor force.

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20 Nov 2024

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