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Delay of jobs report won’t derail Fed rate cuts, wealth advisor says

<span>STORY: “The reality is that even when we do receive [the monthly jobs data], there’s maybe a knee-jerk, very quick knee-jerk reaction [by the stock market], and then everything sort of reverts back to normal,” she said.</span><span>Daoud added that much of the jobs data “is not 100% accurate” until revisions are issued in the ensuing months.</span><span>And while the inflation rate has not lowered to the Fed’s annual target of 2%, she thinks it’s “solid enough” for the Fed to cut rates twice this year.</span>

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