BNP Paribas: High U.S. Employment Doesn't Necessarily Lead to Inflation, Fed Could Still Cut Rates in June
Yelena Shulyatieva of Faba Bank said that the U.S. labor market continues to show strength, but growing immigration means that high employment "doesn't necessarily bring inflation," and the Federal Reserve may increase the labor market in June She believes that "the data will probably continue to be strong. Everything seems positive, especially if you continue to get strong employment data."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: "Machi Big Brother" reduced 2,880 ETH long positions in the past hour, with a liquidation price of $3,022.
A certain whale has opened a 20x leveraged long position on 300 BTC, with a liquidation price of $60,424.6.
Trending news
MoreCrypto prices
More
