Why is Wall Street questioning the January US jobs report? What we know as Fed rate cut expectations shift
A stronger-than-expected January jobs report has lifted market sentiment, but several economists say the data may not be as solid as the headline suggests. Figures released by the US Bureau of Labor Statistics showed the unemployment rate edging down to 4.3% from 4.4%, with 130,000 jobs added in January — about double economists’ forecasts. Despite … Read more