{"id":278433,"date":"2024-04-06T04:02:03","date_gmt":"2024-04-05T22:32:03","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=278433"},"modified":"2024-04-06T04:02:03","modified_gmt":"2024-04-05T22:32:03","slug":"fed-to-start-cutting-interest-rates-in-june-with-risks-tilting-to-a-delay-rbc-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/fed-to-start-cutting-interest-rates-in-june-with-risks-tilting-to-a-delay-rbc-crypto-news\/","title":{"rendered":"Fed to start cutting interest rates in June with risks tilting to a delay \u2013 RBC – Crypto News"},"content":{"rendered":"

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The release of stronger-than-expected Nonfarm Payrolls<\/a> data has not changed the view of economists at RBC that the Federal Reserve will start cutting interest rates in June.\u00a0<\/p>\n

Risks are, however, now tilted in favor of a delay.\u00a0<\/p>\n

Robust hiring means risks tilting to a delay<\/h2>\n

\u201cRobust hiring in US labor markets has yet to let up with payroll employment growth accelerating to 303k in March from already solid readings in the months before.\u201d\u00a0<\/p>\n

\u201cDespite solid headline numbers, the Fed has been pointing to other indicators such as lower quits rate, falling job openings and moderating wage growth as signs of tight labor market conditions unwinding, and has maintained the assessment that risks with its dual mandate are coming into better balance.\u201d<\/p>\n

\u201cThe choppier the progress with inflation (as it has been in early 2024), the longer the Fed will need to hold rates<\/a> steady.\u201d<\/p>\n

\u201cOur own base-case assumption is that the first rate cut will come in June, with risks tilting to a delay.\u201d<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

The release of stronger-than-expected Nonfarm Payrolls data has not changed the view of economists at RBC that the Federal Reserve will start cutting interest rates in June.\u00a0 Risks are, however, now tilted in favor of a delay.\u00a0 Robust hiring means risks tilting to a delay \u201cRobust hiring in US labor markets has yet to let […]<\/p>\n","protected":false},"author":2,"featured_media":17038,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,366,255,250,1380,252,247,253,249,256,254],"class_list":["post-278433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-fed","tag-gta","tag-looks-rare","tag-nfp","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/278433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=278433"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/278433\/revisions"}],"predecessor-version":[{"id":278434,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/278433\/revisions\/278434"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/17038"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=278433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=278433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=278433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}