Goldman Sachs: Non-farm payrolls better than expected; if Friday's CPI unexpectedly rises, it could turn the Fed hawkish

BlockBeats News, February 11 — Goldman Sachs Asset Management analyst Kay Haigh stated that there are some initial signs of the labor market tightening again, but there is still a way to go before it is fully tight. Given the economy’s continued outperformance, the FOMC’s focus will shift to inflation. We still believe the Federal Reserve has room to cut interest rates twice this year; however, if the CPI released on Friday unexpectedly rises, it could cause the Fed to tilt hawkish. (Jinshi)

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.

Related Articles

ECB Likely to Hold Rates in April, Hike 25 Basis Points in June Amid Inflation Concerns

Gate News message, April 24 — A survey indicates the European Central Bank will likely maintain interest rates in April but raise them by 25 basis points in June, driven by inflation concerns stemming from geopolitical tensions. Looking ahead, market participants widely expect the ECB to begin

GateNews2h ago

TradFi Rise Alert: USDILS (US dollar vs Israeli Shekel) Rises Over 0.5%

Gate News: According to the latest Gate TradFi data, USDILS (US dollar vs Israeli Shekel) has surged by 0.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

GateNews3h ago

Bitcoin Stalls at $77.8K Amid Japan Inflation Surge and Iran War Tensions

Gate News message, April 24 — Crypto markets weakened on Friday as Bitcoin hovered near $77,800 and Ethereum fell to $2,300 with a 24-hour decline of 0.8%. The uptrend that began Wednesday from $65,000 has visibly slowed, with Ethereum underperforming Bitcoin. Market pressure stems from Japan's Mar

GateNews6h ago

Major European Stock Index Futures Decline, Stoxx 50 Down 0.92%

Gate News message, April 24 — Major European stock index futures declined across the board today. The Stoxx 50 (Europe's leading blue-chip equity index) fell 0.92%, while the UK FTSE 100 (Britain's benchmark index) dropped more than 1%. Germany's DAX 30 (the primary German equity index)

GateNews7h ago

US Dollar Index Rises 0.18% to 98.774 on April 23

Gate News message, April 23 — The US Dollar Index, which measures the greenback against six major currencies, rose 0.18% and closed at 98.774 at the end of New York forex trading. The euro weakened to 1.1685 USD

GateNews11h ago

TradFi Fall Alert: JPN225 (Nikkei 225) Falls Over 1.5%

Gate News: According to the latest Gate TradFi data, JPN225 (Nikkei 225) has dropped by 1.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

GateNews12h ago
Comment
0/400
No comments