Taking One Last Breath Before The Fed Blackout Period
Source: SeekingAlpha
2026-06-06 02:25:00 ET
Strong Jobs Report Nudges the Fed Closer to a Hike
Another month of very strong jobs report in the US: nonfarm payroll rose 172,000 in May, blowing past analysts’ expectations of 88,000. The three-month average is now 188,000 - exceptional given that not long ago the talk was about a “breakeven” rate (the job additions needed to hold unemployment steady) close to zero, if not negative....
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Taking One Last Breath Before The Fed Blackout Period
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