Federal Reserve Messenger: Non farm payroll reduces possibility of June rate cut

According to BlockBeats, on May 2nd, Nick Timiraos, the voice of the Federal Reserve, stated that the April employment report reduces the possibility of a rate cut in June (although it is still far away), as only one more employment report will be released before then. For now, this means that the Federal Reserve does not need to make any statements regarding the June meeting next week. (Golden Ten)