An analyst said the U.S. labor market remained strong, increasing the risk that interest-rate markets tilt toward hikes rather than cuts.
According to Jin10, analyst Jersey said it was difficult to describe the job market as anything other than robust, and that the likelihood of rate cuts had diminished.
Jersey added that Kevin Warsh would find it hard to persuade other members of the Federal Reserve’s monetary policy committee to lower interest rates.
The analyst said they did not think rate hikes were imminent, but that if several more job gains similar to the latest report occurred, multiple rate increases would become their base-case scenario.
Kevin Warsh Seen Struggling To Win Support for Rate Cuts After Strong U.S. Jobs Data
2026-06-05 12:56:29
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