From Yahoo Finance: 2025-05-31 16:00:00

US hiring is expected to slow in May, with economists forecasting payrolls to increase by 125,000. Employers are cautious due to shifting trade policies and increased cost-saving efforts. Companies are concerned about revenue and are planning for slower labor demand. The unemployment rate is expected to hold steady at 4.2%.

President Trump is using tariffs to reverse trade imbalances and promote US investment. Economic activity is stabilizing, with consumer spending expected to ease. Companies are focusing on cost-saving measures, potentially leading to a decline in job openings. Analysts predict nonfarm payrolls to range from 60k-130k.

Federal Reserve officials are monitoring labor market reports and awaiting clarity on trade and tax policies. Investors are watching for comments from Fed governors and the release of the Beige Book. Economists project a narrowing of the US trade deficit in April, which could boost second-quarter GDP.

In Asia, key economic data from countries like Japan, India, and China will provide insights into how economies are navigating cooling price pressures. Inflation data from several countries and manufacturing indices from China will be closely watched. South Korea and Vietnam will release trade and production numbers.

In Europe, the ECB is expected to lower borrowing costs, and data on inflation, manufacturing, and trade will be released. The Bank of England will be in focus, along with inflation data from Sweden and Switzerland. Central bank decisions are anticipated in countries like Turkey, South Africa, and Russia.

In Latin America, inflation data from Peru and industrial output figures from Brazil will be released. Purchasing manager indexes for various countries will provide insights into economic trends. Chile’s economy is expected to show signs of acceleration, with consumer prices potentially ticking lower in May.



Read more at Yahoo Finance: US Job Growth Is Seen Moderating on Shifting Trade Policy