The possibility of the Federal Reserve cutting interest rates increases, and the problem of stagflation persists
2025-09-05 13:23:52
Melissa Brown, managing director of investment decision research at SimCorp in New York, said non-farm payroll growth was lower than expected and the economy was slowing. The decline in payrolls affected most industries, with companies delaying hiring due to tariff uncertainty. The chances of more than one Fed rate cut have increased, but stagflation remains, with inflation untamed by slowing growth.
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