Nick Timiraos from the WSJ highlights the Fed's view:
The April jobs report makes a June rate cut less likely (even though that is a world away) because there will only be one more employment report before then. For now, it means the Fed doesn't have to say anything on June at next week's meetingIt all makes me wonder: Where would the market be right now without the tariffs? Inflation falling, the Fed cutting even as economy accelerated and Congress focused on the tax package.
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