🇺🇸 US labor market stability is now an argument against rate cuts, not for them Home Tags The day in view 🇺🇸 US labor market stability is now an argument against rate cuts, not for them Macro Soup Newsroom July 9, 2026 3 min read Share on X Share on Facebook Share on LinkedIn Share on Pinterest Email Copy link New York Fed President John Williams said the risk to the outlook now tilts toward inflation, not growth, as weekly jobless claims fell to 215,000 and the US trade deficit widened to $77.6bn in May. Read next Featured Post The week in view 📰 Weekly Macro Roundup: 2026-11-07 Paid Post The week in view 🇨🇳 Beijing lowers the funding floor quietly, leans on the yuan and asks firms to buy their own shares
Paid Post The week in view 🇨🇳 Beijing lowers the funding floor quietly, leans on the yuan and asks firms to buy their own shares
Paid Post The week in view 🇨🇳 Beijing lowers the funding floor quietly, leans on the yuan and asks firms to buy their own shares
Paid Post The week in view 🌏 Real rates, not fuel bills, decided who could cut in emerging markets this week
Paid Post The week in view 🇬🇧 The Bank of England hiked into an upgraded economy, and not one MPC member voted to hold
Paid Post The week in view 🇪🇺 Energy is lifting inflation and sinking demand, and the ECB must pick a side in December
Paid Post The week in view 🇺🇸 Payrolls jumped 165,000, and the Fed's case for hiking has stopped depending on wages
Macro Indicators in Focus 📚 What nonfarm labor productivity measures, and how to read unit labor costs
