Strong US jobs data push Fed rate cuts further out of reach
What's new: Traders sharply reduced odds of a June cut and priced in roughly a 70% chance of a hike by late 2026.
Bloomberg, CNBC
Subject
#Alberto Musalem
Earlier: US adds 172,000 jobs in May, pushing Fed rate cuts further backSeries: United States · May 2026 Jobs Report · 4 chapters since Jun 5