Trump highlights the strength of the labor market and calls for interest reduction to the Fed

by Andrea
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Experts believe that the effects of chairman’s rates on the economy will begin to manifest more clearly by the middle of the year

The president of the, stated that the economy of the country is experiencing a moment of transition, emphasizing the strength of the labor market. “Consumers have been waiting for years to see prices fall. Without inflation, the Fed must lower their rate !!!”. These statements arose after the disclosure of information from the US Department of Labor, which indicated the creation of 177,000 new jobs outside the agricultural sector in April. This number was below the expectation of 130 thousand, while the unemployment rate remained unchanged by 4.2%.

Experts believe that the effects of Trump’s tariffs on the economy will begin to manifest more clearly by the middle of the year. The disclosure of these data led investors to reassess their expectations regarding interest rates in the Fed rate. The institution is expected to maintain its reference rate between 4.25% and 4.50% at the next meeting, scheduled for next week.

*Report produced with the aid of AI
Posted by Fernando Dias

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