According to ChainCatcher reports citing Golden Ten Data, Oxford Economics states that the employment data in the US for March has overestimated the strength of the labor market before the war: both the workforce and the number of employed households have decreased. As the war with Iran affects economic activity, employment growth will slow down. According to Oxford Economics, the Federal Reserve will ignore the impact of rising oil prices and, to prevent a potential weakening of the labor market, will cut interest rates twice this year.

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