Seema Shah, Chief Global Strategist at Trust Security Global Investment, said that the slowdown in the US labor market is now more evident. The rise in labor participation rate is certainly good news, as it diminishes the recession signal triggered by the Sam rule. Nevertheless, the interest rate cut in September is a certainty, and the Fed will hope that they won't be slow to act again.
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Instituição: Corte de taxas em setembro é praticamente certo, o Fed precisa estar atento à ação lenta
Seema Shah, Chief Global Strategist at Trust Security Global Investment, said that the slowdown in the US labor market is now more evident. The rise in labor participation rate is certainly good news, as it diminishes the recession signal triggered by the Sam rule. Nevertheless, the interest rate cut in September is a certainty, and the Fed will hope that they won't be slow to act again.