Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Powell: Recent strong employment data may be slightly 'exaggerated'

Powell: Recent strong employment data may be slightly 'exaggerated'

CointimeCointime2024/06/13 01:27
By:Cointime

Powell stated at the press conference on interest rate decisions that overall, a range of indicators indicate that the labor market has recovered to pre-pandemic levels, which is relatively tight but not overheated. Members of the Federal Open Market Committee (FOMC) expect the labor market to continue to strengthen. However, Powell also suggested in his speech that recent strong employment data may be slightly "exaggerated" and hinted that benchmark data may be under revision.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

There is a Development That Could Be Important For Dogecoin: Company Allegedly Established to Be DOGE’s MicroStrategy

A company has reportedly acquired a major DOGE holding with the aim of becoming Dogecoin’s MicroStrategy. Here are the details.

Bitcoinsistemi2024/11/08 20:00

British Giant Barclays Changed Its FED Interest Rate Forecast After Yesterday's Decision!

British bank Barclays revised its forecast, saying it expects the Fed to cut interest rates twice in 2025.

Bitcoinsistemi2024/11/08 20:00