This week's data shows a cooling -- not crumbling -- economy ...Middle East

JOLTS job openings fell and then later in the day the Beige Book was worrisome:

Most of the twelve Federal Reserve Districts reported little or no change in economic activity since the prior Beige Book period—the four Districts that differed reported modest growth. Across Districts, contacts reported flat to declining consumer spending because, for many households, wages were failing to keep up with rising prices.

In general, I don't think this market minds a soft economy because it will bring about rate cuts but an outright recession is a problem. As Fed Governor Waller highlighted yesterday: When the jobs market crumbles, it can crumble fast.

So far the economy looks like it's slowing and the market is ok with that, so long as it doesn't get ugly. There is a big Fed put available too -- 4 full points of potential rate cuts -- and that's a huge put.

This article was written by Adam Button at investinglive.com.

Hence then, the article about this week s data shows a cooling not crumbling economy was published today ( Thursday 04/09/2025 - 04:09 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( This week's data shows a cooling -- not crumbling -- economy )

Also on site :

• I-70 closed in Glenwood Canyon for safety concerns, police activity
• Russian cat becomes world champion 2025
• What we know about the alleged arson at Mississippi’s largest and oldest synagogue