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Strong US payrolls and wage growth push back bets for Fed cuts

Nonfarm payrolls advanced 272,000 last month

byBloomberg News

June 7, 2024

in Risk Management

Reading Time: 4 mins read

Under the Hood: Fintech investments top $1B

A customer views a new Ford Pro Super Duty pickup truck displayed for sale at a Ford Motor Co. dealership in Miami, Florida, US, on Saturday, April 5, 2025. Car buyers have been rushing to US showrooms to lock in deals before potential price hikes, and automakers are bracing for significant potential cost increases and supply-chain turmoil, with some companies planning to temporarily halt production or reduce overtime.

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Strong US payrolls and wage growth push back bets for Fed cuts

Nonfarm payrolls advanced 272,000 last month

Under the Hood: Fintech investments top $1B

Insurance costs burden nonprime borrowers

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CFPB to cut financial firm supervision, curb fintech focus

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