Jason Greer was going into this April jobs report expecting a big impact from Pres. Trump's tariff plan, but overall he believes they didn't have any material impact on the labor market data. Jason says "the floor's not falling out" on the U.S. economy but admits there is softening occurring, just not as quickly as others may have forecast. On the Fed's next steps, he jokes that Jerome Powell "has his phone on Do Not Disturb" as the FOMC meets next week.
Morning Movers
02 May 2025
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