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Pips view is a training platform do not only direct your investments but gives trading strategies.

06/08/2024

The long-anticipated moment of a significant shift in the US labor market has arrived, signaling a potential Federal Reserve rate cut before the regular September meeting, Jefferies analysts said in a note to clients on Monday.Recent data revealed "unambiguous evidence of a weakening in the US labor market at a time when inflation is still above the Federal Reserve's 2% target."The labor market report for July showed a mere 114,000 increase in nonfarm payrolls, the second-lowest since December 2020.

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