Institution: Weak employment data is unlikely to alter expectations for interest rate cuts in Federal Reserve
Svmuu News: Sonu Varghese, an analyst at Carson Group, said that the poor February jobs data is unlikely to alter expectations for interest rate cuts by the Federal Reserve this year (Federal Reserve). He noted that the report “serves as a reminder that risks to the labor market have not yet been eliminated.”On the other hand, “inflation has remained stubbornly high even before the looming energy price shocks and AI-related bottlenecks.”" Varghese expects these two major factors to "prompt the Federal Reserve to remain cautious on interest rate cuts—a rate cut is unlikely in the near term." The market currently widely expects only one rate cut this year. (Jin Shi)
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Goldman Sachs' latest research report: Maintains its year-end 2027 gold price target of $5,400, but lowers its year-end 2026 forecast to $4,650, stating that Federal Reserve rate hikes will only slow short-term gains, and central bank gold purchases are the core driver.
-
2
Hong Kong Financial Secretary Christopher Hui: The government is studying expanding the scope of RMB usage, including promoting RMB payment for stamp duty on stock transactions and an RMB counter for Stock Connect Southbound Trading.
-
3
Fed rate hike to 3.75%-4.00% pushes 1-year Treasury yield to 4.45%, making crypto lending less attractive
-
4
HKMA: The total number of stored value facility accounts reached 90.38 million in Q2 2026, a quarter-on-quarter increase of 1.8%.
-
5
DxChain Token (DX) Project Analysis and Market Status
-
6
Brent crude oil fell 2.0% intraday, nearing $97/barrel, Bitcoin rose 1.2% to $77,426, and gold increased by 0.5%.
-
7
API3 Token: Decentralized Oracle Project Analysis and Market Status
-
8
FINIX (Definix) Current Status Analysis: Valuation and Long-Term Investment Potential Assessment
-
9
BLAB Coin and LAB Token: Multi-Project Analysis and Market Status
-
10
U.S. Energy Secretary Chris Wright says another round of crude loans from the Strategic Petroleum Reserve is a “very real possibility” amid higher oil prices and steep futures backwardation.
Markets Today
Recommended Reading






