Institutions: US Non-farm Payrolls (NFP) support The Federal Reserve (FED) in maintaining a wait-and-see stance, but caution is needed regarding the uncertainty of trade negotiations.

GoldenOctober2024

Jin10 data reported on July 3rd, LPL Financial Chief Economist Jeffrey Roach stated that the latest US Non-farm Payrolls (NFP) data indicates that if companies continue the hiring trend seen this year, the Federal Reserve (FED) is expected to maintain a “wait-and-see” stance at the upcoming policy meeting. Despite the uncertainty surrounding tariffs and trade policies, there has yet to be a large-scale wave of layoffs among companies. However, it is important to be cautious as the US government is still in detailed negotiations with several major trading partners, and the ultimate impact on businesses is still difficult to estimate.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments