Mixed signals for US economy as job growth eases but unemployment falls.
TL;DR Summary
The solid employment report for March suggests that the US economy is headed for a soft landing, but it lowers the chances of inflation touching down at the Federal Reserve's target of 2%. The jobs numbers suggest that the Fed will raise interest rates one more time in this cycle, at the Federal Open Market Committee's meeting in early May.
- March Jobs Report Suggests One More Fed Rate Hike Is Coming Barron's
- Treasury yields tick up ahead of U.S. jobs report, with many markets closed for holiday CNBC
- US Hiring Moderates, Unemployment Falls in Mixed Signal for Fed Bloomberg
- Strong Buy Stock Ideas After The March 2023 Jobs Report Seeking Alpha
- U.S. Job Growth Eases, but Extends Its Streak The New York Times
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