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Goldman Sachs: Strong US Non-farm Payrolls (NFP) data provide the Federal Reserve (FED) with room for patience.

GoldenOctober2024

2025-05-02 13:04:54

On May 2, Jin10 reported that Lindsay Rosner, head of multi-sector fixed income investing at Goldman Sachs Asset Management, stated that the robust labor market data at this time provides the Federal Reserve (FED) with space for patience. However, as the forward-looking outlook deteriorates, today’s data feels a bit retrospective, and the risk of economic weakness potentially leading the Federal Reserve (FED) to resume its easing cycle later this year still exists.

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