March jobs data, Fed rate cuts, oil prices: 3 Things

Neel Kashkari News

March jobs data, Fed rate cuts, oil prices: 3 Things
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March jobs report data blew past expectations, adding 303,000 jobs to the US economy against estimates of 214,000. In recent comments, Federal Reserve Bank...

In recent comments, Federal Reserve Bank of Minneapolis President Neel Kashkari believes that it is possible there could be no interest rate cuts made in 2024 amid persisting inflation.Hey, Seana. The American labor market is holding firm on the March jobs report, blows past expectations with 300,000 jobs added. Now, this means the Fed's higher-for-longer conversation is likely not going away just yet.

OTTAWA — Canada's merchandise trade surplus increased to $1.4 billion in February as exports of gold hit an all-time high, Statistics Canada said Thursday. The agency said the result compared with a revised surplus of $608 million in January. Total exports in February rose 5.8 per cent to $66.6 billion, boosted by an increase in exports of unwrought gold. Exports of metal and non-metallic mineral products surged 31.1 per cent in the month to a record $9.

Bombardier Announces Expiration of Early Tender Date for its Cash Tender Offer for Certain Outstanding Senior Notes MONTRÉAL, April 04, 2024 -- Bombardier Inc. today announced certain matters with respect to its cash tender offer previously announced on March 22, 2024 to purchase for cash up to US$550,000,000 aggregate purchase price , which is expected by mid-2024.OTTAWA — Canada’s unemployment rate jumped to 6.1 per cent in March as more people looked for work, Statistics Canada reported Friday. The figure is up from 5.

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