Non-Farm Payroll Growth Revised Down by 30%

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Non-Farm Payroll Growth Revised Down by 30%

Devin JamesPro Member
Developer · Orlando, FL · Member since 2018 · 502 posts · 306 votes

How will the Fed react to the U.S. economy creating 818,000 fewer jobs than originally reported from March 2023 through March 2024? 

1) Significant Rate Decrease

2) Minimal Rate Decrease

3) Keep Rates Steady

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  • Chris SeveneyBusiness Member
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    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    2y
    Quote from @Devin James:

    How will the Fed react to the U.S. economy creating 818,000 fewer jobs than originally reported from March 2023 through March 2024? 

    1) Significant Rate Decrease

    2) Minimal Rate Decrease

    3) Keep Rates Steady


     I do not think it changes anything - they already are pretty much guaranteed to cut rates. I think they cut .25% to see how the reaction is. They do not want to reinvigorate inflation.

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