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 SEC Chair Gensler Advocates for Accelerated Settlement in Currency Markets READ MORE Goldman still bullish on gold, China underpinning demand outlook By Investing.com READ MORE Western Demand Propels Gold ETFs to Fourth Straight Month of Gains READ MORE Thursday's PCE Price Index Release to Shine a Spotlight on Inflation Trends READ MORE High Fed Rates Delay Business Investments, Slow Economy READ MORE Add a Comment Cancel replyYour email address will not be published.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