Goldman Sachs: Next month's employment data will be the key to determining the pace and extent of the Fed's easing policy
Whitney Watson, Co-Head of Global Fixed Income and Liquidity Solutions and Joint Chief Information Officer at Goldman Sachs, stated that the September CPI report was stronger than expected, with core CPI unexpectedly rising. However, labor market data remains the dominant factor for the Federal Reserve, and we believe that next month's employment data will be a more important data point in determining the pace and extent of Fed easing.
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