Institutions: Non-farm data will keep the Federal Reserve "on the sidelines"
BlockBeats reports that on May 2, Gregory Faranello, Head of U.S. Rates Trading and Strategy at AmeriVet Securities, stated that due to the impact of tariffs and tax policies, there will be significant issues in the future job market. As for the Federal Reserve's future policy path, given that employment remains a key driver of economic growth, the Fed is currently "standing by."
Previously, Lindsay Rosner, Head of Multi-Sector Fixed Income Investments at Goldman Sachs Asset Management, stated that at this time and place, robust labor market data provides the Federal Reserve with room for patience. (Jin10)
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