What Las Vegas has to tell us about interest rate cuts

"Sin City" is seen as a bellwether for the rest of the US.

Sign up for Reuters newsletters One Essential Read One Essential Read Recommended by Kate Turton, Newsletter Editor Las Vegas shows Fed's 'soft landing' is a good bet   Las Vegas and more widely Nevada have typically been seen as a bellwether of sorts for the rest of the country when it comes to the labor market in the US.  By that measure, as the Federal Reserve heads towards a momentous shift to interest rate cuts this week, business owners, labor leaders, and economists in Nevada see few obvious signs of trouble. Indeed, they see plenty of evidence of an economy moving beyond high inflation without an employment-crushing recession: The Fed's longed-for "soft landing." Read the full article Sponsors are not involved in the creation of newsletters or other Reuters news content. Advertise in this newsletter or on Reuters.com Reuters One Essential Read is sent three days a week. Think your friend or colleague should know about us? Forward this newsletter to them. They can also sign up here. Want to stop receiving this email? Unsubscribe here. To manage which newsletters you're signed up for, click here. Reuters Terms & Conditions and Privacy Statement © 2024 Thomson Reuters. All rights reserved. 3 Times Square, New York, NY 10036