Expectations for US Interest Rate Hike Intensify as Unemployment Rate Data Points to Resilient Labour Market

Published: Apr 10, 2023 09:48
Source: SMM
SHANGHAI, Apr 10 (SMM) – On the macro level, although US non-farm payrolls released last Friday night dropped, unemployment rate data showed that the labour market was resilient, intensifying expectations for the Fed to raise interest rates.

SHANGHAI, Apr 10 (SMM) – On the macro level, although US non-farm payrolls released last Friday night dropped, unemployment rate data showed that the labour market was resilient, intensifying expectations for the Fed to raise interest rates.

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Expectations for US Interest Rate Hike Intensify as Unemployment Rate Data Points to Resilient Labour Market - Shanghai Metals Market (SMM)