04/10/2024
Inflation/CPI has not reach the FED's target 2% (not good for the likelihood for rate cuts) yet the Unemployment seems remain high than expected ( if it goes higher than 4.2%, maybe there is the time).
Let's watch what FED takes any action to cut the rates in the Jun meeting.
The job market is strong, with 303,000 net payroll job additions in March; 39,000 net new jobs in construction means more housing supply is on the way.