The likelihood of a Federal Reserve rate cut increases, but stagflation concerns persist
Jinse Finance reported that Melissa Brown, Managing Director of Investment Decision Research at SimCorp New York, stated that non-farm employment growth was below expectations and the economy is slowing down. The decline in employment affects most industries, and companies are postponing hiring due to tariff uncertainties. The likelihood of the Federal Reserve cutting interest rates more than once has increased, but the issue of stagflation still exists, as inflation has not been tamed by the economic slowdown.
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