The economy appears to be slowing, but not going backward. That's one interpretation of May's disappointing 75,000 payrolls growth number. This could mean one less barrier to a possible Fed rate cut this summer.
May Jobs Data Disappoint, Coming In Well Below Expectations And Pressuring Stocks
Forbes - 7 Jun 2019 16:05
The economy appears to be slowing, but not going backward. That's one interpretation of May's disappointing 75,000 payrolls growth number. This could mean one less barrier to a possible Fed rate cut this summer.
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