{"id":126241,"date":"2019-07-05T21:50:56","date_gmt":"2019-07-05T21:50:56","guid":{"rendered":"https:\/\/www.bnreport.com\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\/"},"modified":"2019-07-05T21:50:56","modified_gmt":"2019-07-05T21:50:56","slug":"fed-rate-cuts-in-question-as-us-job-gains-defy-expectations","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\/","title":{"rendered":"Fed rate cuts in question as US job gains defy expectations"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.cityam.com\/wp-content\/uploads\/2019\/07\/GettyImages-99989255.jpg\" \/><\/p>\n<p>The US economy defied expectations and added 224,000 jobs in June, according to official figures, after adding just 75,000 in May.<\/p>\n<p><strong>Read more:<\/strong> <a href=\"https:\/\/www.cityam.com\/global-stock-markets-rise-after-positive-noises-us-economy\/\" rel=\"noreferrer noopener\" target=\"_blank\">Global stock markets rise after positive noises from US economy<\/a><\/p>\n<p>The rise in the non-farm payroll was significantly higher than the 160,000 figure economists had predicted. But the unemployment rate ticked up 0.1 percentage points to 3.7 per cent, the official data showed.<\/p>\n<p>The strong employment data comes as the US Federal Reserve gears up to cut interest rates this month. Before the figures were released, traders thought a cut in July was almost certain.<\/p>\n<p>But Erik Norland, senior economist at CME Group, said the non-farm payroll report \u201ccreates a bit of a conundrum for the Fed\u201d.<\/p>\n<p>He said a growing jobs market \u201cmight reinforce the reluctance of certain [Federal Open Market Committee] members regarding a possible rate cut\u201d.<\/p>\n<p>Both the dollar and US bond yields, which move inversely to prices, have risen as the job data has made markets less certain about the Fed cutting rates. Higher interest rates cause more investment in dollar-denominated assets and bond buyers to demand higher returns.<\/p>\n<p>The US economy has been giving mixed signals recently, but the Fed has pointed to the USs trade wars as one reason to ease interest rates.<\/p>\n<p>Employment growth has averaged 172,000 per month so far in 2019, compared with an average monthly of 223,000 in 2018. This puts Junes figures well above the average for 2019.<\/p>\n<p>Andrew Hunter, senior US economist at Capital Economics, said he still expected \u201cthe weakening economy to prompt the Fed to loosen policy [but] the first rate cut will probably be delayed until September\u201d.<\/p>\n<p>Todays data showed a notable number of jobs were added in the professional and business services, health care, and transportation and warehousing se<a href=\"https:\/\/www.cityam.com\/us-june-job-gains-defy-economists-expectations\/\" rel=\"noreferrer noopener\" target=\"_blank\"><strong>Read More \u2013 Source<\/strong><\/a><br \/>\n[contf]<br \/>\n[contfnew]<br \/>\n        <img decoding=\"async\" src=\"https:\/\/loopup.com\/app\/uploads\/2016\/08\/cityam-logo.jpeg\" \/><\/p>\n<h5><a href=\"http:\/\/www.cityam.com\/\" rel=\"noreferrer noopener\" target=\"_blank\">CityAM<\/a><\/h5>\n<p>[contfnewc]<br \/>\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US economy defied expectations and added 224,000 jobs in June, according to official figures, af..<\/p>\n","protected":false},"author":1,"featured_media":126242,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":["post-126241","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fed rate cuts in question as US job gains defy expectations - Business News Report<\/title>\n<meta name=\"description\" content=\"The US economy defied expectations and added 224,000 jobs in June, according to official figures, af..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fed rate cuts in question as US job gains defy expectations - Business News Report\" \/>\n<meta property=\"og:description\" content=\"The US economy defied expectations and added 224,000 jobs in June, according to official figures, af..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-05T21:50:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/07\/GettyImages-99989255-360x160.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"360\" \/>\n\t<meta property=\"og:image:height\" content=\"160\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"Fed rate cuts in question as US job gains defy expectations\",\"datePublished\":\"2019-07-05T21:50:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\\\/\"},\"wordCount\":307,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/GettyImages-99989255-360x160.jpg\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\\\/\",\"name\":\"Fed rate cuts in question as US job gains defy expectations - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/GettyImages-99989255-360x160.jpg\",\"datePublished\":\"2019-07-05T21:50:56+00:00\",\"description\":\"The US economy defied expectations and added 224,000 jobs in June, according to official figures, af..\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/GettyImages-99989255-360x160.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/GettyImages-99989255-360x160.jpg\",\"width\":360,\"height\":160},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fed rate cuts in question as US job gains defy expectations\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics &amp; Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Fed rate cuts in question as US job gains defy expectations - Business News Report","description":"The US economy defied expectations and added 224,000 jobs in June, according to official figures, af..","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\/","og_locale":"en_US","og_type":"article","og_title":"Fed rate cuts in question as US job gains defy expectations - Business News Report","og_description":"The US economy defied expectations and added 224,000 jobs in June, according to official figures, af..","og_url":"https:\/\/www.bnreport.com\/en\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2019-07-05T21:50:56+00:00","og_image":[{"width":360,"height":160,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/07\/GettyImages-99989255-360x160.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"Fed rate cuts in question as US job gains defy expectations","datePublished":"2019-07-05T21:50:56+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\/"},"wordCount":307,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/07\/GettyImages-99989255-360x160.jpg","articleSection":["Business"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\/","url":"https:\/\/www.bnreport.com\/en\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\/","name":"Fed rate cuts in question as US job gains defy expectations - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/07\/GettyImages-99989255-360x160.jpg","datePublished":"2019-07-05T21:50:56+00:00","description":"The US economy defied expectations and added 224,000 jobs in June, according to official figures, af..","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/07\/GettyImages-99989255-360x160.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/07\/GettyImages-99989255-360x160.jpg","width":360,"height":160},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/fed-rate-cuts-in-question-as-us-job-gains-defy-expectations\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"Fed rate cuts in question as US job gains defy expectations"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics &amp; Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/126241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=126241"}],"version-history":[{"count":0,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/126241\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/126242"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=126241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=126241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=126241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}