Fed Rate Cut Bets Surge: Nonfarm Payrolls Report to Watch
ByFinaGuru
Friday, Jun 6, 2025 1:22 pm ET1min read
Market Focus Shifts from Trump-Musk Feud to May Nonfarm Payrolls Report: Expectations for a slowdown in hiring, unemployment rate to hold steady at 4.2%, and average hourly earnings to rise 3.7% YoY. Investment banks divided on forecasts, with some warning of growing uncertainty and potential cracks in the labor market.
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