Analyst: The Fed Has More Reasons to Delay Rate Cuts
Odaily Planet Daily reported that analyst Jonnelle Marte stated that, before delving deeper into this data, the unexpectedly strong nonfarm payrolls could support the case for the Federal Reserve to hold rates steady for a longer period this year. This would almost certainly eliminate concerns about the labor market, thereby ruling out the possibility of a rate cut in July. (Jin10)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
American tech and financial giants to accompany Trump on his second visit to the UK
Data: If ETH falls below $4,106, the cumulative long liquidation intensity on major CEXs will reach $2.223 billions.
Trending news
MoreCrypto prices
More
