2025-07-03 13:12:09

Analyst Jonnelle Marte stated that the strong non-farm surprise could support the Federal Reserve's (FED) rationale to remain on hold for a longer period this year before delving deeper into the data, and it will almost certainly eliminate concerns about the labor market, thereby ruling out the possibility of a rate cut in July.

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Xiniany

· 07-03 13:12

Analyst Jonnelle Marte stated that the strong non-farm surprise could support the Federal Reserve's (FED) rationale to remain on hold for a longer period this year before delving deeper into the data, and it will almost certainly eliminate concerns about the labor market, thereby ruling out the possibility of a rate cut in July.

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