November 7, 2026
Business

Strong jobs report fuels Fed rate hike prospects as Trump escalates rate cut pressure(Soban News)

A stronger US jobs report has raised expectations of a September Fed rate hike, while Donald Trump has stepped up pressure on the central bank to cut interest rates. Markets now await US inflation data, which could determine the Fed’s next policy move.

​A stronger US jobs report has raised expectations of a September Fed rate hike, while Donald Trump has stepped up pressure on the central bank to cut interest rates. Markets now await US inflation data, which could determine the Fed’s next policy move. by Soban News (international And National News)

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