Employment data looks soft, but in reality, it's stronger after revisions.

CoinWorld News reports that Jason Pride, Glenmede’s Head of Investment Strategy and Research, said the constraints on Federal Reserve rate cuts still relate to inflation rather than employment, and the approach to consideration has not changed. Although the labor market has not accelerated, its resilience is higher than what the unadjusted data suggests, which reduces the urgency for the Federal Reserve to take action on employment. Investors should expect the Federal Reserve to keep interest rates unchanged at its next meeting and watch whether the post-ceasefire energy relief measures begin to lower overall inflation.