US payroll growth continued unabated in March, with employers adding 303,000 jobs, well above the consensus estimate of 213,000. That was the biggest jobs gain in nearly a year and immediately had investors questioning the market’s conviction of a June cut, or perhaps even any cuts at all in 2024. Does the US labor market’s continued strength have the potential to change the Fed’s game plan? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
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