Jobs Report Shakes Up Fed Rate Cut Expectations, Bolsters Dollar The U.S. economy added an impressive 303,000 jobs in March, substantially outpacing the predicted 200,000, leading to a reevaluation of the Federal Reserve’s interest rate trajectory. This robust job growth, detailed in the Labor Department’s report, has lessened expectations for an imminent rate cut, with the likelihood of a reduction in June now down to 54.4%. As a result, the dollar strengthened, and U.S. Treasury yields climbed, reflecting investor anticipation that the Fed may delay easing monetary policy due to the strong labor market indicators. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Should I Buy Gold and Silver Coins or Rounds? READ MORE Oil Reaches $85 for the First Time Since October READ MORE Fed Is ‘Not Far’ From Confidence Needed to Cut Rates, Powell Says READ MORE Oil Prices Climb Amid Favorable Market Conditions and Supply Concerns READ MORE Gold Dips as Fed Signals Only One Rate Cut for 2024 READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment