Analyst: The job market needs no assistance, and the Federal Reserve should consider raising interest rates.
ChainCatcher news, according to Golden Ten Data, institutional analyst Anstey commented on the evaluation of U.S. nonfarm payroll data, stating that considering the Federal Reserve's mandate to maintain price stability and achieve full employment, the current job market does not seem to need assistance. At the same time, the inflation rate is already far above the Federal Reserve's 2% target. It is expected that next week's CPI data will show the core inflation rate rising to 2.9%, with overall inflation soaring 4.2% year-on-year. If Federal Reserve policymakers do not further hint at a possible rate hike in 2026, it will be surprising.
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