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Goldman Sachs: Non-farm payrolls better than expected; if Friday's CPI unexpectedly rises, it could turn the Fed hawkish
Odaily Planet Daily News: Goldman Sachs Asset Management analyst Kay Haigh stated that there are some initial signs of the labor market tightening again, but there is still a way to go before it is fully tight. Given the economy’s continued outperformance, the FOMC’s focus will shift to inflation. We still believe the Federal Reserve has room to cut interest rates twice this year; however, if the CPI released on Friday unexpectedly rises, it could cause the Fed to lean hawkish. (Jinshi)