In the event that the Federal Reserve is unable to bring down inflation, it will likely maintain higher interest rates for an extended period of time. There is also the possibility of further rate hikes. However, the unexpected 0.4% increase in monthly wages and the Non-Farm Payroll report surpassing expectations by approximately 100,000 have caused a disturbance in the situation. Investors who were anticipating a more relaxed employment scenario due to the JOLTS report were taken aback by the announcement of 272,000 non-farm payrolls, compared to the expected 180,000. Stay updated on the latest technology news by visiting NEWSLINKER.
