Is Surprise US Job Growth a Rate-Cut Game Changer? | Presented by CME Group

US payroll growth continued unabated in March, with employers adding 303,000 jobs, well above the consensus estimate of 213,000. That was the biggest jobs gain in nearly a year and immediately had investors questioning the market's conviction of a June cut, or perhaps even any cuts at all in 2024. Does the US labor market's continued strength have the potential to change the Fed’s game plan? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight

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