Fed’s Soft Landing In Limbo After Ambiguous Job Openings Report

There were 9.582 million job vacancies across the US economy on the last business day of June, key data released on Tuesday showed. That was only slightly fewer than the downwardly revised 9.616 million unfilled positions that existed at the close of business the previous month. Happily for the soft landing narrative, the revision to May's headline print was roughly as large as the drop consensus expected for June. So, total job openings were actually lower than they would've been if May's pri