"Fed's Mouthpiece": Nonfarm Payrolls Reduce the Likelihood of a June Rate Cut

On May 2, "Fed's Mouthpiece" Nick Timiraos stated that the April employment report makes a rate cut in June less likely (although June is still far away), as there will only be one more employment report before then. For now, this means the Federal Reserve does not need to make any statements about the June meeting next week.