US Federal Reserve officials backtrack from early rate cuts after Friday’s strong jobs report shows resiliency in the US economy. Federal Open Market Committee (FOMC) members Austan Goolsbee and Michelle Bowman are more reluctant to rate cuts in the first half of 2024. Jobs Data Lowers Odds of Fed Rate Cut in May or June The post Fed Officials Push Back on Rate Cuts Before June, Macro Pressure Builds on Bitcoin appeared first on CoinGape .