Goldman Sachs: Next month's employment data will determine the pace and extent of Federal Reserve easing
2024-10-10 13:33:09
Whitney Watson, Global Co-Head and Co-CIO, Fixed Income and Liquidity Solutions, Goldman Sachs: September CPI report was stronger than expected, with core CPI in particular unexpectedly rising. However, labor market data remains the dominant factor for the Fed, and we believe next month's employment data will be a more important data point in determining the pace and extent of Fed easing.
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